as a hedge against the next 2 months or so
nothing personal, but there sure seem to be a lot of people predicting and/or fearing a crash in the next two months, with a rally starting late October/early November. "poor seasonality", consensus view of economic slowdown due to housing cr*sh, retail investors bearish, many oil stocks not acting well despite great earnings, people running for exits on gold stocks, etc.
and then there's October. stocks have to go down in October because...it's October. except September is the new October...
“October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February."--Mark Twain |
