The importance September 22nd We are on whipsaw
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Posted On: 09/19/2012 1:49:28 PM
The importance September 22nd
We are on whipsaw Wednesday today, the day in which the institutional investors whip the markets ahead of the Friday options expirations so that the individual investor gets closed out of the money.
Another very interesting factor is that September 22nd is often a day at which commodities top out. Check out the following article:
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