Scripophilist
- 27 Oct 2004 23:40

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chartist2004
- 18 Mar 2005 00:28
- 1887 of 10502
A 3 Witch day!
Scripophilist
- 18 Mar 2005 08:59
- 1888 of 10502
Thanks for the reminder. Looks like I am on the financials for a bit today.
Rgds,
Mr 5k Man
whyallasteve
- 18 Mar 2005 09:39
- 1889 of 10502
Scrip
whats the significance of a witch day?
Scripophilist
- 18 Mar 2005 09:44
- 1890 of 10502
Options expiry, the market often goes mental as traders try and force the market to close at a price favoured to their positions. For financial bets you get wild fluctuations in values. If you are on the right side of these you can make a lot of money.
cunningham
- 18 Mar 2005 09:45
- 1891 of 10502
whyallsteve,
It's option expiry day for varying levels of contracts (Month, Quarter etc) look at the thread below for some good background. But basically form about 10:10 to 10:30ish expect to see the FTSE make some sharp moves that you would not normally wittness.
http://www.moneyam.com/TradersRoom/ShowPostList?fID=1&tID=1608
whyallasteve
- 18 Mar 2005 09:46
- 1892 of 10502
Thanks :-)
Kayak
- 18 Mar 2005 09:48
- 1893 of 10502
'triple' because the FTSE futures, FTSE options, and share options all expire today.
Scripophilist
- 18 Mar 2005 09:55
- 1894 of 10502
My finger is on the trigger!
Kayak
- 18 Mar 2005 09:58
- 1895 of 10502
Boring so far. The 9.00 line is badly placed :-)
Kayak
- 18 Mar 2005 10:10
- 1896 of 10502
The 10.00 line is much better placed. There has been a drop in the 9-10 and so it 'ought' to spring back up at some stage 10-11. Unless it doesn't, of course.
Scripophilist
- 18 Mar 2005 10:16
- 1897 of 10502
Boing!
Kayak
- 18 Mar 2005 10:17
- 1898 of 10502
:-)
Kayak
- 18 Mar 2005 10:18
- 1899 of 10502
and again?
Scripophilist
- 18 Mar 2005 15:08
- 1900 of 10502
Its the big one! May actually have a punt, but a lay not a back. Good luck everybody.
Fundamentalist
- 18 Mar 2005 15:11
- 1901 of 10502
What you laying scrip ?
Scripophilist
- 18 Mar 2005 15:12
- 1902 of 10502
Just bagged a big trade on Kicking King and now going to green up and enjoy the race.
Fundamentalist
- 18 Mar 2005 15:12
- 1903 of 10502
Ive backed celestial gold
Scripophilist
- 18 Mar 2005 15:12
- 1904 of 10502
Just laid Celestial Gold with some of the cash.
Harlosh
- 18 Mar 2005 15:12
- 1905 of 10502
Me too Scrip.
Scripophilist
- 18 Mar 2005 15:13
- 1906 of 10502
ROFLMAO!! Hadn't even seen fundy's post when I replied.