H-m-m-m it's one of those things that is going to take some time to figure out. Thanks,
everyone. The Friday following th third Saturday - no wonder I couldn't manage to figure
out when it was. :)

The quadruple witching is when stock index futures, options, stock options, and single
stock futures expire. The increase in volatility makes the market fairly choppy on these
days.

I don't subsribe to it since one time Cramer successfully called a pin in GS to a strike
price that did not exist.

If you subscribe to Cramer's theory on option's pinning, then the stocks that get affected
should be less volatile

its the friday following the third saturday (sounds strange, I know)

I remember a while back Cramer saying it's usually a good buying opportunity the monday
morning after on option expiration friday. The way the market's been, this could be a
really good buying opportunity.

I've been told that the market is more unpredictable and volatile during any options
expiration week (3rd Friday in every month, I believe). I'm just more careful because it's
harder to understand what's happening in the market. Sometimes the trading doesn't seem
logical at all. Now, we have options expiration with the subprime situation ... not a
safe, predictable environment. Individual investors might wait until Monday or Tuesday to
do their buying and selling. I like to just watch my stocks to see how they behave in
these situations. Since I know my stocks, I sometimes can get some good prices during
options expiration week due to the increased volatility, but I wouldn't bet on it now with
the other combined factors.

A day on which contracts for stock index futures, stock index options, stock options and
single stock futures (SSF) all expire.

http://www.investopedia.com/terms/q/quadruplewitching.asp

Can anybody explain, sort of in nutshell, what "quadruple witching" is and what we can
expect in terms of market behavior (up, down, volatile, high volume??)? Do I even have the
term right?