September 1, 2009

September Superstition

September is a month of superstition. We experienced the 9-11 attack, the date bearing an uncanny resemblance to a 911 emergency call. Last year we experienced the Lehman Brothers collapse and the beginning of the emergency state of the banking and financial industries. According to the September 1, 2009 e-newsletter by Nicholas Vardy, "September's weakness stretches back farther into the past. The crash of 1987 may have happened in October, but the market began its descent right around Labor Day. And although the crash of 1929 is commonly associated with October, the market peaked just around this time of the year. The worst month of the Great Depression? That took place in September 1931, when the Dow fell a whopping 30%. This is also one bit of market lore that stands up to rigorous statistical examination. Since 1926, September is the only month of the year with an overall negative average return in U.S. markets. In every other month, investors have averaged a 1% gain. Of equal importance, the September anomaly holds true not only for the United States. A recent Georgia Tech study looked at data for 18 developed stock markets around the world going back as far as 200 years. Among the markets examined, investors lost money in September in 15 of them."

To compound the marketplace's superstitions, Christians also associate the number 9 with judgment. So beware of 9-9-09!

I became a Christian to be free of my past spiritualities and superstitions that were not Christ-based. I understand the Lord does use dates and biblical numerology and the Jewish calendar to communicate with His children. But several of my God-fearing friends were born in September, the month of number 9. So was I. I would like September to be a nice month, a grace-filled month for this year, not a superstitious month that creates a significant selloff like we experienced today. So I have simply prayed to the Lord that He would let to His generous love and grace-filled goodness rule, even if 9 is supposedly a bad number. I prayed this year His grace would overcome any judgment the enemy would plan this month. This is simply my prayer.

I like Mark Twain's tongue-in-cheek humor towards superstition (in Vardy's newsletter):

"October is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August, and February." --Mark Twain

Update as of September 10, 2009 11:00 am: I just learned today many Christians associate the number 9 with new beginnings, such as in 9 months to labor and give birth. So 9-9-09 represents new birth and beginnings to them rather than judgment. Interesting we can have vastly different perspectives!