Awfull october

F

futuman

This far it's been the worst october for
years. Does this signal the end for the
bull run, or do we possibly get a huge two day rally?

:confused:
 
I havent't been trading for the last 8 / 10 weeks... and im not sorry i havent!!
I been taking the time out for other things but also been studing new materials, will be back trading in 2 weeks or so.

This mkt has been kind of tricky.... most likely i would have lost $$ had i stayed in.... as it stands my account is still right at an all time high.

WORDS OF WISDOM:
Knowing when to stay out is just as important as knowing what to trade.
 
I think this October action is just a part of a multiweek topping process for the broad market. Expect at least 10-15% lower levels for the major indices (SPX, NDX, RUT) during 2006
Of course there are always attractive investment choices. I'd accumulate XAU stocks on pullbacks.
 
In the past 20 years, 1987 has the worst Oct with NASDAQ down -27.23% and DOW down -23.21%, followed by 2000, 1997 and 1990. So far this year, Oct is ranked as the fifth worst october since 1986. Currently, we are down -4.08% NASDAQ for the month. See what is the final rankings in the end of the month. Looks like ugly and getting worse.
 
Quote from futuman:

This far it's been the worst october for
years. Does this signal the end for the
bull run, or do we possibly get a huge two day rally?

:confused:
More...

I have no clue as I follow price action in a few select stocks and OCTOBER was a great month for myself...Would be for anyone else if they would have bought 200 GOOG Nov 400 calls @.25 the afternoon b-4 earnings for $5k and then sold them for $1.60 for a cool $32k....Even if you held them, they are still going for $1.40 but I didn't hold mine..
 
I didn't even realize that the first post was 3 years old. :)

Times like this tells you just how robust your system is...
 
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