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Strategies & Market Trends : SiliconInvestor All Stars Forum -- Ignore unavailable to you. Want to Upgrade?

To: SouthFloridaGuy who wrote (1110)	8/1/2007 10:48:41 AM
From: $Mogul	Read Replies (1) \| Respond to of 1718

Historically this is the wrong time of the year to buy tech. Worst 4 months of the Nasdaq started in June. Comeback in late Sept/Oct. August and Sept are the worst months historically for the market. I beleive the next few monthes will be miserable and very dangerous with the financials being so weak. I see lots of problems that are not even out yet. Hopefully we get the majior washout flush of weak hands in the next few monthes. We are very due. I am "expecting" a 1k point drop from these levels. Then I see the fed trying to come to the rescue, for a end of year rally. Hold on to your hats:)