[quote=svelte][quote=ltsddd]I get this weird feeling that the number of stocks-related posts on this forum is a good indicator of an impending market correction.
Here’s my prediction – we’re not going to make it past election day unscathed.[/quote]
History tells us that October can be an ugly month for stocks.
Sometimes even August “Sell in August and go away” (a take-off on the old Sell in May and go away) but looks like not this year.[/quote]
I have experienced at least a couple of those Octobers. The one that sticks with me to this day is the one in 1995. Due to a glitch to the system, I was allowed to buy 1000 shares of Cypress Semi @ $90/each – my cash balance was around $3k. I was a nervous wreck that whole weekend and first thing I did the following Monday was liquidated everything. I think the market tanked that same week and CY went from about $90 to below $60. As a young 20-something that $30K hit could have altered my financial situation forever (probably never would have been able to purchase my first home a couple years later).
