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Chartology – What Will October Bring?
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We’re heading into the scariest time of year, October. For investors will it be a month or tricks or treats?
Okay, we're being a bit dramatic, but October is the month that brought the 1929 crash, Black Monday in 1987 and other mid-autumn market crises. What’s in store for October 2009?
Seems like a good time to consult the charts with technical analyst Greg Troccoli of Opalesque. What do the patterns reveal? Watch the video now and find out!
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Trader disclosure: On Sept. 29th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova Owns (KCE), (F), (ABT), (XOM), (SUN); Terranova Is Short (CCL), (ESS); Grasso Owns (AAPL), (ABK), (BAC), (C), (COST), (CSCO), (PFE), (V), (MMT); Finerman's Firm Owns (BAC) Preferred Shares, Finerman Owns (BAC) Preferred Shares And Owns (BAC); Finerman's Firm Owns (WFC) Preferred Shares And Is Short (WFC); Finerman Owns (WFC) Preferred Shares; Finerman Owns (RIG); Finerman's Firm Owns (MSFT), (NOK), (PBR), (WMT), (RIG), (TGT), (PLCE); Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO), (UNG); Najarian Owns (ACI) Call Spread; Najarian Owns (C) Calls; Najarian Owns (DELL) Call Spread; Najarian Owns (ERTS) Call Spread; Najarian Owns (GE) Calls; Najarian Owns (JPM) And Is Short (JPM) Calls; Najarian Owns (MS) And Is Short (MS) Calls; Najarian Owns (MSFT) And Is Short (MSFT) Calls; Najarian Owns (RIMM) Call Spread; Najarian Owns (ORCL); Najarian Owns (TEVA); Najarian Owns (V) And (V) Calls; Najarian Owns (WFC) Put Spread; Najarian Owns (YHOO) Call Spread ; Najarian Owns (BIIB) Calls
For Steve Grasso
Stuart Frankel Owns (ACS)
Stuart Frankel Owns (GERN)
Stuart Frankel Owns (MSFT)
Stuart Frankel Owns (NWS.A)
Stuart Frankel Owns (NYX)
Stuart Frankel Owns (PDE)
Stuart Frankel Owns (PFE)
Stuart Frankel Owns (ROK)
Stuart Frankel Owns (XOM)
Stuart Frankel Owns (SDS)
Stuart Frankel Is Short (QQQQ)
For Greg Troccoli
Troccoli Is Short S&P 500
Troccoli Owns US Dollar
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes
