How is this for witchcraft (just like TA)?
10/10/02 - low in SPX and end of tech bear market
10/10/07 - all time high in SPX
10/10/08 - today
What does it mean? All I really know is some crazy shit seems to happen on this day. And I am marking my calendar for October 10th, 2009.
Here is a look at the DJI over the past 10 years (monthly view); the white line is 8,000.
10/10 SPX stats via the good people at Notable Calls
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Trading Without Drama
4 days ago
4 comments:
Bargain hunters r in the market!What do you reckon Trader-X?
That is amazing. I have not heard that before, though I knew October was always a "special" month.
Truly bizarre.
X, glad you are back. Looking forward to more on the futures, as I opened an account last month and am starting to dabble.
That is an amazing chart. I started trading in 2000, which your chart shows was a short-term top. Luckily I was in on the multi-year run.
It is devastating to see the damage done since the end of last year.
Great blog, I hope you stick around! We need the analysis and HUMOR these days!
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