September is historically the worst-performing month for stocks. Hindenberg Omen or not, it's a tough month for investers and traders.
This year we have the full-on Obamanation Factor to contend with as well.
Beware the "Ides of September."
Something fugly this way comes...
Monday 30 August 2010
Ides of September.............from Rico
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1 comment:
Yeah, but an average drop of 1% over a month is not a big deal. The market often drops more than that in just one day. Buy after a 1% drop, or sell after a 1% gain, and you've nullified the September effect.
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