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Strategies & Market Trends : Longer-Term Market Trends
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To: skinowski who wrote (1681)9/2/2008 2:40:51 PM
From: Perspective   of 3209
 
<it's happening at a juncture which may be important>

As I've said before, there are certain times of day that I expect to see corrective activity. There's "amateur hour" in the early AM, and lunchtime is also frequently corrective. I think a similar phenomenon might exist for summertime. We just exited "amateur season". I would expect a prior bear trend to resume following a corrective summertime bounce. Plus, the deck is kinda stacked against September and October whether you're in a bull market or a bear.

`BC
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