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FLObserver
LSU Fan
Jacksonville
Member since Nov 2005
13998 posts

Dam you September!

I predicted 3800 on the S&P in Sept & Oct but dam that's along ways off and many of my stocks seem like they have already hit where they were the last time it hit 3800 on S&P. It was true that a small percentage of stocks in the S&P pushed it way up while many of the stocks didnt do much over the last few 6 months. Hate to see where they will be if we get back down to 3800. Could be huge discounts if we get back into that range.


Nu Iota Prophet
LSU Fan
Texas
Member since Jul 2012
76 posts

re: Dam you September!
September is traditionally a horrible market month.


Bestbank Tiger
LSU Fan
Premium Member
Member since Jan 2005
69129 posts

re: Dam you September!
quote:

September is traditionally a horrible market month.



How much of that cones from 9/11 and Lehman Brothers happening in September? There's nothing about this time of year that required those events to occur when they did.


Displaced
LSU Fan
Member since Dec 2011
32470 posts

re: Dam you September!
quote:

How much of that cones from 9/11 and Lehman Brothers happening in September? There's nothing about this time of year that required those events to occur when they did.

Probably has more to do with September being the end of the fiscal year for a lot of companies.


sjmabry
LSU Fan
Texas
Member since Aug 2013
18457 posts

re: Dam you September!
quote:

Probably has more to do with September being the end of the fiscal year for a lot of companies.
And wealthy folks in the NE paying off vacations and paying for Ivy League education.


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