SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Voltaire who wrote (85)9/12/1999 1:21:00 PM
From: Lola   of 35685
 
Those are some very good points Voltaire. I tend to agree with you about there being a minor correction sometime in November and then a rally through December and continuing of course into the new year.

The smart money will most likely take their hits in early November and be back to buy in December. They can take their tax losses in November and wait 30 days to reenter and then hold into the new year (that should work for tax write off purposes shouldn't it as long as they don't sell their new positions in '99 or must they wait for the new year to reenter?)

Also the excitement of Christmas and the new year should be very good for all kinds of businesses so it's hard to imagine a stock market crash in December.

Yours is the most original and well thought out forecast I've seen for what might happen. I think I agree with you on most points there.

There should be some great volatility in November and December so it will make for a great daytrading market as long as you're not a bull or a bear. Play the market as it comes.

Thanks for your response.

Lola:)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext