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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (85580)	9/6/2020 5:23:08 PM
From: Sam	Read Replies (1) \| Respond to of 95525

The evening of Sept 18th is when Rosh Hashanah begins. This article was written last year. Kass: Sell on Rosh Hashanah but Wait Until the End of Sukkot to Buy Supposedly, Bernard Baruch once sold out on Rosh Hashanah (out of deference to his mother) and avoided a huge market decline during the High Holy Days. By DOUG KASS Sep 28, 2019 \| 01:00 PM EDT "Perhaps it's Talmudic wisdom but, selling stocks before the eight-day span of the high holidays has avoided many declines, especially during uncertain times." - "Jazzy" Jeff Hirsch, The Stock Trader's Almanac The old axiom on Wall Street says that investors should sell on Rosh Hashanah and buy on Yom Kippur. It appears to be based on the view in the Jewish religion that Jews should be free as possible during this 10-day period of reflection and self-appraisal of the distraction of worldly goods. Supposedly, Bernard Baruch once sold out on Rosh Hashanah (out of deference to his mother) and avoided a huge market decline during the High Holy Days. Based on the analysis of The Stock Traders Almanac's Jeff Hirsch, there seems to be some truth in the phase. Here is Jeff's data from 1971 -2018 which indicates that in fact there is a statistical validity to the adage - with the DJIA losing on average about -0.5% between Rosh Hashanah and Yom Kippur and with 22 years of advancing stocks and 26 stocks declining stocks: I am on board with Bernard Baruch and Jeff Hirsch - but with a little modification to the adage of "Sell on Rosh Hashanah and Buy on Yom Kippur." I prefer "Sell on Rosh Hashanah and Buy At The End of Sukkot!" (After all, if reason, my ursine market analysis and all else fails... why not?) continues at realmoney.thestreet.com