The Average Investor's Blog

A software developer view on the markets

The Weekly Update

Posted by The Average Investor on Oct 2, 2011

No new developments this week. The bear market continues pushing the world markets down. Despite a very strong start, the US indexes ended up a bit in the red for the week. Still above the August lows, but any bad news (and there hasn’t been lack of these lately) can easily move the indexes to new lows for the year.

The ARMA strategy has been long on the S&P 500 for the week, thus it also ended down -0.4%.

Friday was also the last trading day for September, quite an ugly month – the S&P 500 was down -7.18%!

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