Eli Jackson, head of EU Brokerage at OptionRally, recently commented on a Wall Street Journal article by Mark Hulbert where Mr. Hulbert wrote, “…no need for investors to fear September.” OptionRally is a CySec Licensed Online Securities Broker.
“Don’t let this tremendous bull run lull you to sleep”, says Mr. Jackson. “At some point buyers have to sell to take profit. Currently, the market is soaring. Apple just hit a new high. The NASDAQ, the S&P 500, and the DOW are each establishing very strong and historic new highs. These are new ceilings or levels of resistance; levels we have never seen before. When you take into consideration that the DOW in September has a long track record of losses not gains, be careful of a trend reversal.”
Mr. Jackson went on to explain that losing traders are ruled by emotions, winning traders by understanding and trading with the market and the prevailing trend. “When you have unprecedented market activity, setting new highs across the board in the markets, there will ultimately be a pull-back and the DOW in September, out of all the months, has the history of being the only losing month.”
When asked how this helps his investors Eli Jackson further explained that account holders with OptionRally receive a higher level of personal attention and better training than usually encountered in the trading world. “We have live webinars on a daily basis from our Senior Dealing Room Analyst who traded successfully in the CBOT pit for over 20 years before we brought him aboard. You have companies which state they train, we actually do. We not only understand market events and direction, we know how to translate and interpret that data into winning trades for our investors.”
If you are interested in learning more about OptionRally please visit: http://www.OptionRally.com/
