Seasonality stats from early 60s till now show Oct 25th approx to end of OCT a great time to buy till year end. Also, there as only been 12 times that SEPT was a positive mth since the 60s as per a report I read, the stats show that if SEPT was positive then the next 3 mth were positive as well after the dip in mid to late OCT. Report mention to buy banks, tech and transports along with metals as over weight and then AGriculture, Consumer discretionary and one other that I cant remember as equal weight.
The only people buying this market are performance starved fund managers, and the Federal Reserve. For weeks on end, there have been technical signals flashing over and over that it's time to sell, and yet the market pushes higher. This is sort of like the 1999 run up, where nothing seemed to matter, we were just going up every day. But as we know, 1999 led to 2000 and the tech bubble crash. This will be NO different and we know it. There's a crash coming. The only question is when?
In any event, the market is "stupid strong" over nothing. The banking sector is up, despite the fact that the mortgage foreclosure disaster is going to snowball to levels no one understands. But the market doesn't care. Why? Because its not made up of logical, fundamental thinking investors. It's made up of criminal bankers, getting free money from the Fed and "return hungry" managers looking for performance bonuses.
Dont panic guys, we are still in rally mode. You guys know the HFT super computer machines I have been running since last year suddenly started acting up as I fed the next target for the market to go to. Dont panic all is well, just buy buy buy.
$AAPL call: current crop of 7 inch tablets will be dead on arrival according to Jobs. $AAPL call: Steve Jobs is bashing 7 inch tablets. Now Steve Jobs going after $GOOG. This is hilarious!Steve Jobs on the $AAPL conference call and bashing $RIMM. LOL!
Seasonality stats from early 60s till now show Oct 25th approx to end of OCT a great time to buy till year end. Also, there as only been 12 times that SEPT was a positive mth since the 60s as per a report I read, the stats show that if SEPT was positive then the next 3 mth were positive as well after the dip in mid to late OCT. Report mention to buy banks, tech and transports along with metals as over weight and then AGriculture, Consumer discretionary and one other that I cant remember as equal weight.
ReplyDeleteThanks
Joe
The only people buying this market are performance starved fund managers, and the Federal Reserve. For weeks on end, there have been technical signals flashing over and over that it's time to sell, and yet the market pushes higher. This is sort of like the 1999 run up, where nothing seemed to matter, we were just going up every day. But as we know, 1999 led to 2000 and the tech bubble crash. This will be NO different and we know it. There's a crash coming. The only question is when?
ReplyDeleteS&P 500 Before opening bell
ReplyDeleteCheck out the 10 YEAR trend at trendsby3
ReplyDeleteuse the link to go to his site
Are we headed for a repeat of 2000 to 2003?
Certainly looks like it could happen
Kondratieff Winter 2012, ending or turning to Spring in March 2013??
Kondratieff {IMO} actually topped as per the chart on year 2000 and has lingered for 10 years now
Was the bull market 1974 to 2000
26 years or 2 X 13 ;
and bear now in effect from 2000
to 2013. = 13 years
Jay
10:13 could be the HOD
ReplyDeleteJupiter in charge of that zone
I had mentioned that Monday would start positive
another reading says DONT JUMP IN-
Hesitate & dont risk $$
Jay
In any event, the market is "stupid strong" over nothing. The banking sector is up, despite the fact that the mortgage foreclosure disaster is going to snowball to levels no one understands. But the market doesn't care. Why? Because its not made up of logical, fundamental thinking investors. It's made up of criminal bankers, getting free money from the Fed and "return hungry" managers looking for performance bonuses.
ReplyDeleteplease post a "weekly graph" that goes straight up (as opposed to the straight down you and helge called for last 3 WEEKS!)
ReplyDeletethat way we'll KNOW the high is in and fade this!
Buff1nCute - charts could be off
ReplyDelete-/+ 2-3 days.
All is well.
IBM DOWN +4 points
ReplyDeleteAPPL DOWN +20 points
Dont panic guys, we are still in rally mode. You guys know the HFT super computer machines I have been running since last year suddenly started acting up as I fed the next target for the market to go to. Dont panic all is well, just buy buy buy.
ReplyDeleteBy now you guys know the target where the market is headed soon
ReplyDelete$AAPL call: current crop of 7 inch tablets will be dead on arrival according to Jobs. $AAPL call: Steve Jobs is bashing 7 inch tablets. Now Steve Jobs going after $GOOG. This is hilarious!Steve Jobs on the $AAPL conference call and bashing $RIMM. LOL!
ReplyDeleteDid yesterday constitute an EDT??
ReplyDeleteJay