Are you ready for ROC-tober?
Are you ready for ROC-TOBER?
IMHO, this is going to be the classic buy on rumor and sell on news event. As the November election nears, the markets will cheer the Republican take over of the house, maybe the Senate and blow past the current level of 1130. As confidence grows that the path the country is on is about to take a hard turn to the rational, the markets are going to respond.
Sell November 2, don't wait to see the results of the election.
The 20 moving average has crossed the 50 and both are on the upswing. When they cross the 200 day moving average look for and acceleration in the up move.
IMHO, this is going to be the classic buy on rumor and sell on news event. As the November election nears, the markets will cheer the Republican take over of the house, maybe the Senate and blow past the current level of 1130. As confidence grows that the path the country is on is about to take a hard turn to the rational, the markets are going to respond.
Sell November 2, don't wait to see the results of the election.
The 20 moving average has crossed the 50 and both are on the upswing. When they cross the 200 day moving average look for and acceleration in the up move.
Posted by Bradley Fluetsch at 9/20/2010 4:58 AM 
Categories: Speculation
Tags: market October bonds stock investing profit equity
Categories: Speculation
Tags: market October bonds stock investing profit equity
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