Does the “October Bottom” Theory Work?
2001 Update
We examined the three most commonly followed stock market averages to see what each does after a decline of at least 10% from a September closing high to an October closing low. We show the year 2001 with the lowest close through October 22.
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Market Facts — October 24, 2001
Does the “October Bottom” Theory Work? 2001 Update We examined the three most commonly followed stock market averages to see what each does after a decline of at least 10% from a September closing high to an October closing low. We show the year 2001 with the lowest close through October 22.