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Like the astro guys say, maybe the cycle inverted. The ten day period is
supposed to be a period in which attention is focussed on matters other than
business, so the logic would say to even up positions prior to Rosh Hashanah
or buy a ton of puts to hedge long positions, or to short the futures to
hedge big portfolios.
----- Original Message -----
From: "Daniel Watkins" <watnetd@xxxxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, September 24, 2001 5:37 AM
Subject: Re: [RT] nasdaq/sp500
>
>
> bob: i think it is buy RH, sell YK, fwiw.
>
> humble1/dw
>
> On Mon, 24 Sep 2001, BobR wrote:
>
> > Why it will work:
> > Sell Rosh Hashanah(9/18) Buy Yom Kippur(9/27) is the ancient cliche
> > WallStreetConjunct Lows 9/25 - 26 and highs 9/27 - 28
> > Saturn goes retrograde 9/26, its been direct since Jan highs
> > Mercury goes retrograde 10/01 price anticipates and speeds up
> > Moon conjunct Mars 9/24
> > Sun square N.T.Node 9/24
> > Virtually all P/C ratios, $weighted ratios, breadth relationships are
maxed out bearishly and beginng to reverse.
> > End of month money flows normally positive, but much IRA switching can
only occur on the 1st so it remains to be seen if there will be a mass
exodus or sucker ralley. If mutual funds have to continue to raise cash for
redemptions and redemptions have been occurring then the bet is for a muted
sucker rally at best that is sold into. The Sept/October pattern is for a
double bottom, other shoe still has to drop for October.
> >
> > ----- Original Message -----
> > From: Don Thompson
> > To: realtraders@xxxxxxxxxxxxxxx
> > Sent: Sunday, September 23, 2001 11:58 PM
> > Subject: Re: [RT] nasdaq/sp500
> >
> >
> > Ben,
> > Do you think this is primarily due to end of the month seasonality.
It really didn't work last month.. only a sideways
> > pathetic kind of move.
> >
> > Don
> > ----- Original Message -----
> > From: profitok
> > To: realtraders@xxxxxxxxxxxxxxx
> > Cc: gannsghost@xxxxxxxxxxxxxxx
> > Sent: Sunday, September 23, 2001 7:26 PM
> > Subject: [RT] nasdaq/sp500
> >
> >
> > Good evening
> > NASDAQ low tomorrow 1380-1390
> > sp500 low 930-940
> >
> > We ARE in the process of putting in a bottom
> > first an end of the month rally to start 9/26-9/27
> > will end 10/2/01
> > another drop SP to 778.77
> > NASDAQ to 1142.81
> > let see how it plays
> > protect your $$$
> > Ben
> >
> >
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> >
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> >
> >
> >
> >
> >
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