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To: WBC who wrote (67706)9/26/1998 3:28:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 176387
 
Worried about October? Well it is really a misunderstood month.

WBC:
Since many of the investors seem to be worried about October for whatever reasons I thought this article might help alleviate some fears.I remember selling some of my DELL stocks in 97 Oct only to buy it again at a much higher price after a few days. Invest in the company and not in the month unless one is a trader.
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Excerpts:

"If you've had a turbulent August/September period," Brusca said, "It's less likely you're going to get sucker-punched in October."

The misunderstood month?

But several analyses of the so-called "October effect" show that the month is far from the worst that Wall Street has to offer.

Historically, October has only ranked third worst since 1900 in terms of average monthly declines for the Dow Jones industrial average, according to James Stack, president of InvestTech, a Montana investment newsletter...

cnnfn.com