wednesday, page-25

I have had a look at some patterns in light of atlunch suggesting leaving out 1987 from average year patterns and also leaving 1929-32 out of decennial patterns.

They do make a difference although on a average yearly pattern they suggest that the best case is that from early Sep to year end is choppy sideways instead of a sharp decline and weak rally.

It still suggests that an agressive long position is unwarranted and a short position may leave you unrewarded but at least not at a loss.

But averages are averages and not a guarantee of anything.

I still see next year as anything but inspiring and probably very negative.