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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: fuzzymath who wrote (2760)9/7/2000 8:29:06 AM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
Thanks for that post...!

I expect this Sept selling to continue...., as I understand the larger portfolio managers restructure their holdings during this month, which causes the public to get nervous and sell into late Sept-October and then the large players buy back in late October-early November.

Would be interesting to know how these months themselves get played out..? Was the major selling done early, middle, late in the month or evenly distributed..?

It would also be valuable to know the percentage of down to up Septembers/Octobers in your studied period.

Studied probabilities are expressions of market psychology and are valuable in understanding the underling structure of these markets.

Chip