re: Is October when the bottom falls out of the market?

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Which assumption was that again?

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That because I pay attention to what the DJIA does intraday I don't know what the hell is going on.

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If you told me on the phone ""the market" is down 1.5% because XZY" with absolute certainty there would be a redemption within 30 seconds of hanging up.

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Can you point me to where I said I would tell the client why the market was up 1.5%? I said I need to know what is happening if my clients ask - especially something as obvious as an inflation report and subsequent market movement. I *gasp* agree with you. If someone says they know exactly why the market is going one way or the other with absolute certainty, run the other direction.