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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (24979)9/6/1999 1:37:00 PM
From: Benkea  Read Replies (2) | Respond to of 99985
 
James:

"Given that September is historically the worst performance month of the year for stock prices"

I don't know where this comes from, and I wish I had $1 for everytime I have heard it. Last September was TERRIFIC. The market BOTTOMED on 8/31 and rallied hard until the END of September and turned back down in early October:

finance.yahoo.com^SPX&d=2y

Further, it was almost an instant replay of the rocking Sept of 1997:

finance.yahoo.com^SPX&d=5y

It looked pretty good in 1996 too:

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