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Sunday, August 17, 2003 5:08:18 PM
QQQ, BPNDX and SOX Charts showing the usual bottoms made in September and October the last couple of years:
According to Amateur-Investors.com from a historical perspective we are approaching a weak period for the market as since 1900 the worst performing month for the Dow has been September. Now this doesn't mean the Dow has to go down during the month of September however it has nearly 70% of the time since 1900 with an average loss of 4.7%. So it will be interesting to see what happens this year.
I would look for BPNDX to fall further but last week it actually rose one to 65 so who knows.
RtS
According to Amateur-Investors.com from a historical perspective we are approaching a weak period for the market as since 1900 the worst performing month for the Dow has been September. Now this doesn't mean the Dow has to go down during the month of September however it has nearly 70% of the time since 1900 with an average loss of 4.7%. So it will be interesting to see what happens this year.
I would look for BPNDX to fall further but last week it actually rose one to 65 so who knows.
RtS
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