Big name bottoms, and GLD timing

Some big names that are beaten down, and perhaps worth looking at for October buying include WMT, WAG, SBUX, CC, LEN. Best time is usually the last half of the month as mutual funds dump their losers for tax purposes.

One way to look at the GLD correction is to take half the time of the up move and use that as time measurement. Looking at the 6-month chart this would be approximately two weeks, making for a buy time of October 15th or so. A lot of traders focus entirely on price. Using price stops, and price retracement levels. Sometimes time measurements in the form of a time stop (letting a stock run for a set time), or in this analysis a look at time for measuring a possible correction.

As always, nobody bats a thousand.