Originally posted by Mike
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Shut the fuck up Donny!
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One should never, ever try to time the market. But if you have some some sideline cash for investing, you might think about buying back in on an incremental basis over the next couple of months.
Without accounting for the current conditions, the Dow's average August return since 1986 is minus 0.67%, and minus 0.64% for September. The average gain of 1.05% is seen for the other months of the year. The article below speaks to current conditions.
3 Reasons the Bear Market Isn't Over Yet and 1 Reason to Be Exceedingly Optimistic | The Motley FoolThe tea leaves suggest the Dow Jones, S&P 500, and Nasdaq have yet to find a bottom.
I don't watch Fox News for the same reason I don't eat out of a toilet.
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