OCTOBER: This is one of the peculiarly dangerous months to speculate in stocks

Discussion in 'Trading' started by shortie, Sep 29, 2009.

For Long Investors October 2009 Will Return

  1. +8%

    11 vote(s)
  2. +5%

    4 vote(s)
  3. +3%

    9 vote(s)
  4. -3%

    9 vote(s)
  5. -5%

    9 vote(s)
  6. -8%

    15 vote(s)
  7. Somebody's gonna lose and it won't be me :)

    16 vote(s)
  1. - said Mark Twain.

    Will we crash this October?

    As you can see in the table, in the recent memory 4 out of 15 Octobers had >9% drawdowns.

  3. '09 is not a normal year, so I believe we will be up, but not by much.
  4. Oct 01 Summary:

    Longs fought bravely today but got shafted as the market dropped 2.5%.

    Surely looks like this October will live up to its reputation.
  5. jprad


  6. I'm satisfied in liquidating most of my longs today, but like I said '09 is not a normal year, so I'll be ready to press that buy button again. :)
  7. See this is why traders lose money. Exactly that attitude. You're not smarter than the market. Someone's practically spoon feeding you this stuff and you bury your head in the sand like a moron.

    Oct. worst month.

    Bear market rally.

    Put two and two together.
  9. jprad


    Did you change, or forget, the meaning of "assume" as well?
  10. I'll bet that in the past 6 months, the market ran circles around your ass, while you were sitting in the sidelines. If you didn't gain, you lost.
    #10     Oct 4, 2009