Equity options expiry for TSX tomorrow, so not surprised at HUI performance today, but more worrisome is crimex options expiry next week, and Shanghai exchange ($SSEC on stockcharts) looks to be on it's way to filling a gap from October. I expect the pain to last another few days, as Blythe ("more starving children = a bigger bonus for Me") uses all these factors to cover as much of her skinny, short little posterior as possible.
Sure hope the rumors of ex JP Morgue traders are true, but really, if everyone knows, why isn't someone trying to get in first, and beat them to it?
Any comments? Thanks Pic and Scout, for the predictions and discussion.
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