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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (10581)4/4/2006 6:12:13 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
Hi Bob,

That sounds reasonable, but earnings season has always been a jittery time for the markets... for what it's worth, historically, from November to April is when markets make most of their move upward, and from April to November, markets seem to have their corrections... this is obviously not a rule which markets must follow, but if you look at the historic data, you'll find that most of the serious up trends have occurred in the November to April period... this suggest to me that we should now expect some selling into the Summer and more into the Fall until the buying season begins in earnest, say around November... this is only a rough long term assessment, but my signal is still saying the bias is for lower prices for the moment...

GZ