Thread: Whipsaw's Account Talk

so does that make a buying opportunity? get out the week before when market is historically high; get in during the week it is historically low?

Sounds like a good plan! That's what I'm thinking, anyway. Various outlets are also talking of a correction in August. Plus, there will be a fresh set of IFTs... *Past performance is no guarantee... blah blah blah

Originally Posted by mmk119

so does that make a buying opportunity? get out the week before when market is historically high; get in during the week it is historically low?

So next week is supposed to be one of the worst weeks (see previous post) in one of the historically worst months for the market. Should be interesting. September takes us into the last month of the quarter where re-balancing can occur in the last week or so. (this is another nasty week, the week after September week 3, same article at the link above).

Originally Posted by Whipsaw

So next week is supposed to be one of the worst weeks (see previous post) in one of the historically worst months for the market. Should be interesting. September takes us into the last month of the quarter where re-balancing can occur in the last week or so. (this is another nasty week, the week after September week 3, same article at the link above).

I believe there is just enough bad inflation news and a whole bunch of negative covid news coming that we still have not priced into the markets. So…I have a wait and see approach at the moment. I’m also too close to retirement to be at the top of the Autotrack so don’t plan to hold on to that slot much longer. Either that or decouple from my real tsp. 🤣🤣🤷*♂️

Strong start for a historically bad week. I'm also suspicious of potential bad news throwing cold water on the market, some analysts warning of a looming correction.

...AAAAND AWAAAAY WE GO!

I'm surprised at the strength today with the announcement of Fed tapering starting this year. Maybe its related to the temporary inflation statement. With the article saying tapering will be pinned to jobs data, I think we get back into good news being bad for the market, again.

My notes indicate trouble brews in September due to the end of the Fiscal Year and money managers doing what ever they do. There are 7 bad weeks, the next one is supposed to be after the 3rd week of September, so 20 Sep.

Have a great Labor Day, everyone!

Whipsaw, what are the other bad weeks?

Here is the source article for 'The Worst Weeks' :

The Worst Weeks | Jay On The Markets

So, what are the thoughts out there about the pending tapering under consideration for November?

Market giveth a Taper Tantrum?