Technical analysis for shorts & longs Message Board

STOCKTALK

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.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.43

+0.2%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: j g cordes who wrote (35305)	11/29/2001 5:12:31 PM
From: Johnny Canuck	Read Replies (1) of 68510

Jim, That brings up an interesting point on where the market is going over the next 3 months. From memory, December is a mixed month with a downward bias. Given that we are in pre-warnings season and there is still some individual tax loss selling to do, I expect most stock will be flat to down. In January though, mutual funds tend to pick their winners for the year, giving a boast to stocks. In the past 2 years this effect has taken place towards the end of January. This accelerates into Feburaury and March as people make their last minute retirement saving contribution so they can qualify for the last tax year. After April all bets are off as we have sold the last 2 years in preparation for the summer doldrims. So the question is this, what should we be buying towards the end of December to take advantage of the end of January rally. I expect this to be a stock pickers market, so good stocks in bad sectors might still be able to succeed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next