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nazzdack
Registered: Jul 2004
Posts: 8408 |
10-31-12 05:57 PM
Quote from Bowgett:
----reminder.
----Stock market enters strongest seasonal period this week.
----S&P-500 rallies 4%, on average, during next two months.
Sell in May, go away. Stay sober, until the end of October?   
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Daring
Registered: Aug 2012
Posts: 676 |
10-31-12 08:03 PM
Quote from Eddie Z:
Also, keep in mind that this is election year, which will have a big effect on the market.
A seasonal chart with electoral year consideration was already posted.
Apparently the consensus is that it does not matter.
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jsp326
Registered: Oct 2004
Posts: 280 |
10-31-12 08:04 PM
Quote from Random.Capital:
Yes, it does, because according to that the "average" year is +7%.
Copyright 2007 and starts in 1970....ok...
2007 was one of the few exceptions in the last few decades. 1994 was another, but it was only a mild decline.
You can ignore it, short against it, or whatever you want, but it's one of the most powerful and reliable seasonal tendencies. A wise trader would at least acknowledge it.
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Bowgett
Registered: Jul 2004
Posts: 908 |
10-31-12 08:16 PM
Quote from jsp326:
You can ignore it, short against it, or whatever you want, but it's one of the most powerful and reliable seasonal tendencies. A wise trader would at least acknowledge it.
true words of wisdom...
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michael45
Registered: Oct 2012
Posts: 35 |
11-03-12 07:21 PM
Quote from Eddie Z:
Also, keep in mind that this is election year, which will have a big effect on the market.
I accept your idea. Do you have any idea of it ? what will happen to stock market ?
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