[Vets_Husband_and_Wife]

So, would August 16th be a good day to invest? A couple days after the proverbial stuff hits the fan? And, do you think it will reverse the October factor that people have talked about on this thread? In otherwords, deflate that period of "normal" selling? (that traditionally happens during that period every year) Thanks

[steveegg]

At this point, it's impossible to say whether 8/16 would be a good day to get back in. If there aren't a bunch of CBD (Cooked Book Disease) time bombs out there, then it sure would be as the Rocketship Dow takes off. If not, then I honestly don't know when it will be safe to head back into the market as things will continue to free-fall. BTW, all I did was extrapolate losses that may or may not continue (though I fully-expect them to do so in advance of that date).

I expect October to be its usual self. If there is a bounce back, October would be a logical time to consolidate the gains (say the indexes off 1-2% from the start of the month). If not, then the thundering herd of lemmings plunging off the cliff isn't going to stop or even slow down just because it's October.

[who knows what evil?]

So, would August 16th be a good day to invest?

Perhaps the first WEDNESDAY in November might be a better idea...