In addition to options expiry, next week will be a Triple Witch and this should produce even more hyper market activity as per J.B. Slear below...

Regards - VHF

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Preparing for the Triple Witch Week

J.B. Slear

December 8, 2011

...Triple Witch Week starts on Monday, this is when all Options/Stock/Single Stock Futures expire along with the rolling over of Treasury instruments as well as the Currencies. December’s rollover will take about two weeks because the Currencies roll over during the Christmas week. Wed/Thurs/Fri of next week is generally when the low in precious metals occurs. Remember the word “generally” in the last sentence, we’ve been in a sideways channel in Silver and Gold for 8 months now, in fact, the same time period in ’08 before the rally commenced after that last major pull back …… Stay Strong!!