One of my favorite market scribes, Doug Kass, takes a shot at those who are going long strictly based on seasonal strength. I agree that seasonal strength in and of itself is not a reason to go long. However, based on the fact that 80% of the past 20 years saw the market up into year end it does make sense to be extra careful on the short side.

1 comment:

Anonymous said...

think u gonna miss a big selloff cos ur too cerebral?