Summer doldrums

Discussion in 'Chit Chat' started by tradersboredom, Jun 19, 2009.

  1. tradersboredom

    tradersboredom Guest

    Do investors/traders actually take the summer off? July and August.

    Every year 2 months vacation.

    Volume and volatility is usually low in the summer.
  2. Absolutely some of them take the summer off. Don't believe me look at the daily volume. A trader I respect a lot, Tim Morge, mentioned the line to leave the CME was much larger than normal about 2 week ago.

    That doesn't mean you can't make money.
  3. Taking 3 months of Summer vacation is mostly a "European thing" though there may be some New Yorkers and Chicagoans who do the same. They'll be back after Labor Day. :cool:
  4. So thats what happened to RIMM. I'm the worst trader/investor/scalper anywhere.
  5. Some probably do, others probably don't, I don't think it's possible to generalize.