Sptember has been the weakest month of the year in historic terms and more lows have ocurred in October than any other month of the year.
Tomorrow could appear to fall out of bed.
many newbies have traded the market for the last 5 years without as much as a 3 % correction, and even the Aug 15th hit recovered quite well. those newbies have reported never having lost money , and thats good, cause they are going to need lost of spare cash and much fortitude to withstand the next 45 days.
There seems to be some type of international monetary crisis brewing which unlike a possbile terrorist event which could be prevented or thwarted, a money event cannot be stopped, and it would appear it began in August, but hasnt really hit home yet.
Dollar crash?? maybe.
My timing calls for Spt 10 to 12th, with more fallout the week after
Jay
No comments:
Post a Comment