October 2017---The Quadruple Witching Begins

It all makes sense. Not! Since the Donald's very improbable election victory the S&P 500 index has risen by 19%, the Dow by 25%, the Russell 2000 by 26% and the Nasdaq index has returned 27%. On top of that, the Nasdaq has posted 54 record closes this year and is well on its way to exceeding the 61 records closes of 1999, which occurred, as it happened, on the eve of the great dotcom bust.

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