September 16, 2011 is Quadruple Witching Hour

I don't usually post in this thread and if it has been previously discussed then please let me know. Four times a year there is an event called Quadruple Witching Hour on Wall Street. It has nothing to do with Wiccans, according to Investipodia, it is when contracts for stock index futures, stock index options, stock options and single stock futures all expire. Then next one is in September (it is the third Friday).

This will not be a lengthy post just a heads up to watch the market on that day. You especially want to watch the last hour of trading as that is when the big money makes it's moves. Big fluctuations on this day (whether up or down) means someone makes a lot of money and somebody loses a lot of money, it also sets the tone for the next three months.

Let's not forget the projected date for the Palestinians to try for the open UN vote on unilateral statehood comes a few days later on the 21st. Oh this is going to be a very active couple of months coming up.

Yea, but the markets have to exist for there to be any continued dropping.

definitely something to try to wrap my head around... make sure to re-up this thread in the days before the 16th

The day to watch is Oct. 24th. Which coincidentally (or not) is UN day. If nothing happens on that day then everyone gets a cookie.