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SPI200 Chat - What will happen next?? *suspense music*

buy the Wed into opex, sell the Monday after Largesse

Altho looking like the sellign is early this time....

Why sell the Monday?

Seasonality stats I've seen are bullish leading into 'opex', not after........
 
But isn't 'opex' the Thursday? So why wait for Monday?

ah yeah sorry obviously you're thinking local and this is an SPI thread so I should've made it clearer >> expiry in the US & Europe is 3rd Friday. since Aus tends to follow the US (all sessions anyway, in-hours as Trembling Hand has shown is often counter-US or gap fade) then its 'usually' a good play to buy into opex & sell after
 
ah yeah sorry obviously you're thinking local and this is an SPI thread so I should've made it clearer >> expiry in the US & Europe is 3rd Friday.

Ah yes, I get you now. Confused me when you were talking about Largesse who trades the SPI.

Cheers
 
Ah yes, I get you now. Confused me when you were talking about Largesse who trades the SPI.

Cheers

no worries - apologies for the confusion
I pointed this strategy out to Largesse a while back but he didn't seem that interested, just thought I'd mention it again given his frustrations with Wednesday
dyor & all that
 
BHP's range is 14c today zzz, banks cancelling each other out.
HSI is where the action is
 
Just LOFinL

Can the mods shut this thread down? We now know what is going to happen to the SPI next,

NOTHING!!


19 point range with 2.5 tick 5 min ATR. Its a joke!!


:fish: this thing is more interesting than watching the SPI!
 
XJO & SPI200 CHART APRIL 9, 2010 NOON
 

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Nice charts baby_swallow,

So is the spi gonna get trashed in the weeks to come ?
 
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