Where is the September effect?

Discussion in 'Stock Market' started by william the wie, Sep 4, 2010.

  1. william the wie
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    william the wie Gold Member

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    On average over the past 100 years the stock market goes down in September by about 1% with mid-term election years being particularly good short years. So why isn't it happening?
     
  2. Mr. H.
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    Mr. H. Diamond Member

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    It's only Sep. 4.
     
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  3. Old Rocks
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    Old Rocks Diamond Member

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    Just AWOL for a while. Hope it stays that way.
     
  4. Charles_Main
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    Charles_Main AR15 Owner

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    This is the rally before the storm IMO. However I HOPE TO BE WRONG!
     
  5. Toro
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    Toro Diamond Member

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    Because the market goes up something like 45% of the time in September.

    The SP500 is up 5.26% over the first three days of the year. If September were to end today, this September would be the seventh best September in 82 years.
     
  6. Charles_Main
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    Charles_Main AR15 Owner

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    um as of Friday the SP was down 1% over all on the year, the nasdaq 1.6% only the DOW was up on the year. By .2% and only after last weeks rally.
     
  7. Toro
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    Toro Diamond Member

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    For the month of September thus far, the SP500 is up 5.26% this month. The market has risen over 5% in three days.
     
  8. william the wie
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    william the wie Gold Member

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    Well I hope it tanks soon so that I can get in my second positions for 12/10 and hopefully 12/11 as well
     
  9. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    Could it possibly be that this is a holiday weekend?
     
  10. Charles_Main
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    Charles_Main AR15 Owner

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    Yep, does not change the fact that the SP is still down on the year. DOH!

    Most crashes are proceeded by a rally by the way. Just sayin.
     

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