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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject8/18/2000 7:24:35 PM
From: beltfed2  Read Replies (1) of 100058
 
DR bob I am curios in years past people would be worried
about A fall correction setting in about mid sept,But it seems every one is expecting a rally to happen in the next few weeks which makes me even more sure that we will get a fall correction.
I think that the fed meeting will cause a sell off no matter what the out come(just a hunch)Now we are heading into a scary time of the year for the market sept oct
earnings are over and done with.What is there to push the market higher?All I hear is that the election will drive the market but some how that doesnt seem enough.last year we didnt get a fall correction thanx to the fed pumping in liquidity over y2k fears.This year??only god knows! I dont know why I did it I guess just a feeling in my gut but I went all cash as of the close today.Im going to day trade a little for the next few weeks until I see some clearer direction.
What is your GUT feeling on a fall correction?
thanx much
Beltfed
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