October Crash COMING !!!!!

[Mega]

http://www.youtube.com/watch?v=wa4sCDz0WJk
Mike

[metalman]

Re: October Crash COMING !!!!!

http://www.youtube.com/watch?v=wa4sCDz0WJk
Mike

pfeil is right on the econ 'recovery' but he's a dolt for not knowing why markets crash in oct.

started in the agricultural era... mass withdrawal of $$$ from banks to finance the annual harvest triggered a crash when the markets were also over-valued. ever since then markets get nervous around oct. and the rest is self-fulfilling prophesy ala oct. 1929.

[Mega]

Re: October Crash COMING !!!!!

Sorry Metal, i don't follow? (Remember i am only a level 2 interlect)
Mike

[GRG55]

Re: October Crash COMING !!!!!

http://www.youtube.com/watch?v=wa4sCDz0WJk
Mike

Ah, the infamous October crash. Not to be confused with "Sell in May and go away", or "the March lows", or the "green shoots bull market", or the "needed correction before the rally continues", or the "Santa Claus rally" or the "January effect" or...:p

[pwcmba]

Re: October Crash COMING !!!!!

GRG 55 - do not dismiss these seasonal trends so off hand. That is all I can say, as I have on occasion watched big gains drain away for not heading these seasonal warnings.

[rj1]

Re: October Crash COMING !!!!!

Ah, the infamous October crash. Not to be confused with "Sell in May and go away", or "the March lows", or the "green shoots bull market", or the "needed correction before the rally continues", or the "Santa Claus rally" or the "January effect" or...:p

Well the market peaked on October 9th, 2007.

[GRG55]

Re: October Crash COMING !!!!!

GRG 55 - do not dismiss these seasonal trends so off hand. That is all I can say, as I have on occasion watched big gains drain away for not heading these seasonal warnings.

What date are you going to sell everything you have and go to cash to avoid the "October Crash circa 2009"???

[metalman]

Re: October Crash COMING !!!!!

Ah, the infamous October crash. Not to be confused with "Sell in May and go away", or "the March lows", or the "green shoots bull market", or the "needed correction before the rally continues", or the "Santa Claus rally" or the "January effect" or...:p

“October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.” - Pudd’nhead Wilson, Mark Twain

[pwcmba]

Re: October Crash COMING !!!!!

My point is that to sell some might not be a bad idea. The whole all in or all out doesnt work well for me either.