According to my risk summation system, the day next week with the highest risk of a turn in or acceleration of the current trend in the DJIA is Friday October the 1st. The following Monday the 4th is also a risk window. I'm not sure if the October 1st and 4th risk events are one somewhat wide risk window or if they are two separate risk windows. Hopefully the market action a little closer to the end of this coming week will clear this up.
This past week the Monday the 20th risk window tagged a violent day and the low for the week. The jury is still out on the Friday the 24th risk window which might just turn out to be a lower high of some sort. The action early this coming week should clarify whether Friday was a dud or a hit, risk window wise.
Anecdotal crazy inflation information: This past week one of the numerous wood frame beach huts on the sea front in my home town of Lyme Regis which is home to about 3500 souls was sold. These huts have a floor space of roughly 6 feet by 8 feet and are used as changing rooms, for storing children's beach toys and as retreats from the often inclement English sea side weather. They don't have electrical or gas connections. This beach hut was listed for an eye watering 50,000 pounds, but sold for a mind blowing 90,000 pounds or roughly $120,000 which equates to $2500 per square foot of floor space for a cotton picking hut. Don't tell me that there's not a bubble of monumental proportions in funny money.
P.S. You don't actually own the ground that the beach hut sits on. The city owns that land and charges you a $1000 or so a year in ground rental for the privilege of using their space.