Buying Opportunity sometime in the next month...

jmski52

I always wonder about this time of year. Historically, October tends to hold some surprises for the Stock Market, and usually they are not the good kind of surprises.

The reason I am intrigued with this tendency of the stock market to have dramatic moves in October is psychological. It always seems that the first cold snap at the end of summer brings a bit of reality back into focus, but the real changes occur when the weather starts getting rainy and cooler, the leaves start falling and when the skies get gray. I really do think that it changes investing patterns.

I think that it's about that realization that summer is finally gone and a brief bout of depression sets in. It's a sobering effect. After a few weeks of transition, the opportunity for precious metals presents itself when the rain clears up and the days become crisp, and bright. Then we get another dose of bouyancy in the pre-Christmas holiday runup. After that, it's back to business.

I'm guessing that this year will be a classic in that sense.

cohodk

There may be some psychological issues surrounding October. But did you know, that this week--usually the 19th to 25th of Sept--is historically the market's weakest. And that Sept 19th is historically the weakest day of the entire year?

OPA

Good question...but I doubt that anyone's crystal ball is up to the challenge of predicting a precise date. I have serious doubts however, that we will see Gold at $2k or Silver at $50 this year.

Bochiman

<< <i>There may be some psychological issues surrounding October. But did you know, that this week--usually the 19th to 25th of Sept--is historically the market's weakest. And that Sept 19th is historically the weakest day of the entire year? >>



Wish you would have told me that LAST week

Baley

He told you right before the market open with this amazing predictive OP, or perhaps his post (and Cohodk's refinement of the time to this week) triggered this whole landslide

either way, here's the buying opportunity. enjoy!