7 replies to this topic

[Scott-stock]

Does anyone know how the market reacts around the July 4th Holiday? Usually bullish at the end and the first of the month? Thanks

[Mr Dev]

After ANY holiday is usually positive.. some kinda US MARKET phenomenon,..or gift. But first tomorrow we have the end of the quarter... so do they come out selling some dogs in the morning and shore up the rest of them by late afternoon,,,is the question I'm asking. And if so ,,...do they aggressively protect gains starting July 2 Monday by selling? It's very hard for me to trade thinking this way...but sometimes good to keep way way back in our minds,...just like the fullmoon stuff,...as we watch the charts do their thing.

[rkd80]

Dev, Just to clarify, last day of EOQ has a pattern where they sell off in the morning and then reverse? Are not the few days before any holiday typically postive too? -rkd

[Mr Dev]

Dev,

Just to clarify, last day of EOQ has a pattern where they sell off in the morning and then reverse? Are not the few days before any holiday typically postive too?

-rkd

I have no idea........... just what I'm already expecting based on what I see so far....

I may change my eod feelings in the morning,.... but I really don't like to do that on the fly over

early price action..


As far as days before a holiday...I'm throwing that one out...and just keeping the day after in my book.

But there is the first days of the month positivity,... that many have done well playing.

[Mr Dev]

btw,..If we simply Shoot Up tomorrow at the open,...than all the short term reversal charts are solidly in play, and could likely change the daily trend.

[thespookyone]

After making virtually nothing on the hold from the first part of May(provided they held through the two months) while risk levels obviously increased-I wonder how they justify the hold. I also wonder, after that time frames returns-how much they want on their books-at all.

[selecto]

Way too much time on my hands:

[Darris]

FWIW, In 2003 and 1999 we were in the 3rd year of the presidential cycle like we are this year.