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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Psycho-Social who wrote (44307)3/27/2002 5:27:21 AM
From: LTK007  Respond to of 99280
 
mentions from traders almanac, but yes the is a link that gives day by day. I think i have it filed away and will seek it out,but at later time. <<To:Zeev Hed who wrote (40962)
From: itsallover Friday, Mar 15, 2002 1:04 AM
Respond to of 44338

zeev wrote to Mish<<Mish, don't get too negative, the beginning of April is one of the biggest period of retirement funds deployment, not just the 401K, but also all the individual SEP-IRA accounts. Furthermore, the earnings estimates for April have been lowered so much that we will get many "upside" surprises (of course, upside from drastically lowered estimates). The two elements should, IMTO, power a strong spring rally, and it may start in anticipation before April 1st.>> ,from Stock Almanac "April is rarely a dangerous month except in bear markets", "The best 6-months of the year end in April.", "Stocks anticipate great 1st quarter by rising sharply before earnings are reported rather than after" "The first 1/2 of month tends to do better despite April 15th tax day". all quoted from Stock Trader's Almanac.--- Zeev we need MORE sell-off, imo, to launch April. But if we don't get more sell-off and launch hard into April 15, then come mid April it is going to get ugly. Could well be like the week of 4/14 2000.
The momo players would have ridden the ride up and will sell on cue("like the April play is done,dude,bail":).Max edit--2001 rally,strong powerful rally started on 4/4 and a 8% (roughly) rally in NASD in 1998 started on 4/7 and ran to 4/22. The low to high was 1788 to 1931 in 1998.