Just remember, in confusion there's a profit to be made... I'm still heavily short with calls to protect my short positions, so if these markets tank further, which I fully expect, I'm positioned for a good move... these markets may rally on his speech, only a fool would say at this point just what these markets may do from day to day... but, the trend has been down for nearly three years, so why should October be different, October is the second worst months for stock historically, September is the worst... I'm always amazed that people try to link these dominant market cycles with day to day politics, there is no correlation... this probably explains why most people lose their money in these markets, they buy and sell on hope and wishes and on their personal political tastes, but the fact is fantasy and daydreams have nothing to do with trading acuity and market success...
GZ |
