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Posted by
Message
Dam you September!
Posted by FLObserver


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.
re: Dam you September!Posted by Nu Iota Prophet
on 9/21/23 at 5:47 pm to FLObserver

September is traditionally a horrible market month.
re: Dam you September!Posted by Bestbank Tiger
on 9/21/23 at 6:04 pm to Nu Iota Prophet

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.
re: Dam you September!Posted by Displaced
on 9/22/23 at 11:10 am to Bestbank Tiger

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.
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