Disclaimer: I am by no means a professional at investing. The purpose of this post is to share my thoughts and my findings to you.

October has usually been a negative month for investing. This pattern continued today as the market on the first day of October were hit hard with indexes Dow down 140 points and TSX down 225 points in early trading. So the question is ‘Sell in October and get back in the New Year?’. I found this great article on MarketWatch.com about how this year’s October is different; that we will not see any major corrections in October as compared to previous years. We will, however, see a minor pull-back. Each year, markets will typically see major selloffs during May or in June and more selloffs in October. This was definitely not the case this year as we are approximately 58% higher than we were in March. Following the patterns of a market after a recession is key to figuring out just what will happen this year. So in my opinion, lay off buying in October a little bit.

Read the full article here: http://www.marketwatch.com/story/is-october-correction-inevitable-2009-10-01

Steven’s stocks to watch for October 1, 2009:

• Citigroup (NYSE:C) – Q3 2009 earnings release on October 15, 2009 11:00AM EDT
• Sandvine (TSE:SVC) – Q3 2009 earnings release on October 8, 2009 8:30AM EDT
• Motorola (NYSE:MOT) – I see a comeback with the introduction of the Motorola CLIQ in the US mid-October