The months of August, September and October generally average lower returns than the rest of the year.
This should be true for the next coming months, as the DOW continues its slide. There will be limited catalyst for the markets to move, especially with sept 11 anniversary coming up. So the nervey will throw their towels in and give up completely.
But there is hope: Nov, dec, jan, have above average returns. The markets should discover their lows in the coming months, then start to kick on into the new year for 2003.
