The October Bottom

Market seasonality has favored selling in May near a rally high, and buying in September or October, near a retest of the lows.

Did you do that this week? Did you "load the boat" with stocks?

It certainly seems as if we've retested the lows and are now back in an uptrend. Does this carry through until the end of the year or beyond?

I haven't changed my portfolio allocation, and didn't buy at the retest this week. Oops! I will watch how the market performs over the next few weeks and if we venture near the lows again, I will put the sideline cash to work and move from low beta to high beta stocks.