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What Is It About My Birthday?

Posted on October 09, 2008

Today is my birthday. I was hoping to sleep in for once, but not in this market! At least the futures were nicely higher when my alarm went off at 5:30am. Small comfort.Maybe if the market gods are in a forgiving mood, today will mark the start of a new rally. On this day (October 9) in 2002, the bear market bottomed, and we went on to enjoy a 5-yr bull market. Coincidentally, it was also on October 9th last year that the bull market peaked. I don't know what it is about my birthday.Today is also Yom Kippur, so I hope all of those credit derivative swap (CDS) sellers are atoning for thei...

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