So, you & Mike would begin count from where? If Oct, then 3 months takes you to Feb. If you count from Nov, then March.
Calendar year pensions/Profits sharing must deposited by March 15th. If participants map contributions to the market/mutual funds, then rally. If participants map contributions to money markets, then no rally. Any combination of the two will prompt a small/medium rally.
Any rally eventually needs liquidity injections to sustain in the short term. That could be accomplished if sideline money moves into play. But, I think this will be in the middle of some pretty scarey quarterly reports, no?
