
SDS 39% avg $95
DO 1% avg $55
2009 (-10%)
I am currently bearish and looking for the S&P to break down under 770 at the open. Futures are trending lower at the moment and look to signal a lower opening and tomorrow is what they call a "Quadruple Witch". I have no clue what the cards hold but I am currently 99% short but looking to get into FCX RIG MS GS JPM and add to DO when the time is right. When that will be I have no clue currently. Rock On.
Investopedia explains:
What Does Quadruple Witching Mean?
A day on which contracts for stock index futures, stock index options, stock options and single stock futures (SSF) all expire. This is similar to the triple witching hour, except that the quadruple witching hour sees also the expiry of SSFs. Quadruple witching days occur on the third Friday of March, June, September and December.
DOW (mini)
FUTURES
FUTURES FAIR VALUE (4.8)
7400.8
7284.0
-68.00
7356.8
7284.0
-72.80
S&P 500
FUTURES
FUTURES FAIR VALUE (0.94)
784.04
772.5
-7.60
781.04
772.5
-8.54
NASDAQ
FUTURES
FUTURES FAIR VALUE (1.96)
1204.21
1203.5
-9.25
1205.46
1203.5
-1.96


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