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Re: mokew post# 1378

Wednesday, 09/03/2003 11:02:54 PM

Wednesday, September 03, 2003 11:02:54 PM

Post# of 18037
Ron, this is a treacherous time of the year to play the market!!! Some chart patterns look very good. Plus, the market has gone against some seasonal tendencies. Unless one feels strongly about a certain issue, as I do about WAVX, descretion may be the better part of valor. I know that the stats you found say that Aug-Sept is a worriesome period, I've always believed that Sept-Oct, is the most dangerous, for the overall market. So, staying in cash might be the most prudent way to approach this time of the year. But, I'd certainly be ready to pick up some bargains, as they pop up. FWIW. Patience, as my mother used to say, could be profitable, for the time being. But, having said all that, I'd keep an eye on WAVX. To me, it looks like it's ready to bust out!!!! IMO
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