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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/5/2001 8:32:37 PM
From: Mickey Mouse Operation  Read Replies (1) of 37746
 
Very interesting to note seasonal trends on the Nasdaq. Generally there is a low in the Nas mid-April and mid-May. Here are the approximate dates of lows from the last few years:

1997 April 11 & May 23
1998 April 09 & May 22
1999 April 16 & May 28
2000 April 17 & May 24

I don't think this rally will last more than another day at most. I am expecting some large selling going into mid-April hitting new lows. (Unless we got our April bottom early this year as in yesterday but I doubt it)
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