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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST
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To: David Howe who wrote (50333)9/30/2000 9:00:26 AM
From: werefrog   of 74651
 
"October will make September look like a bull market."

1. "Not necessarily" - Lets do the numbers for just 5 yrs
1999 Sept Close = 2746.16 Oct 18 Low 2632.01
1998 Sept Close = 1693.84 Oct 8 Low 1343.87
1997 Sept Close = 1685.69 Oct 28 Low 1465.84
1996 Sept Close = 1226.92 Oct 29 Low 1202.36
1995 Sept Close = 1043.54 Oct 10 Low 959.36
That comes to 792.71 down points last 5 yrs.

2. Crashes in Oct - Yes I've been in many, 1987 was particularly nasty.
Over time I have learned to respect the September & October time frame
as being a danger to my bankroll and since I play the market with real
money I sell any Position Trades I have at the end of August & buy back
in during the October Low of Month. JH
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