We actually don't have to go very far afield to find a comparison disputing the summer doldrums idea.
In the summer of 2007, I played NOT quite extensively thru several ups and downs while they were chasing gold at Windfall. I was busily accumulating right down to the low of .395 when the halt hit us, and we then had Eagle1. The rundown started in mid June, and the hit was the end of August.
The summer of 2008 doesn't really count, as the whole market tanked big time.
The summer of 2009 ( last year), the SP foundered down to the mid .40's by end of June. and then we got hole 49, which resulted in a run up to 3.00.
If we can duplicate an average of 2007 and 2009 this summer, I doubt if there will be a one of us that isn't smiling.
I have used the doldrums of the last 2 weeks to move a good portion of my SPQ holdings over here to NOT, and am now loaded and content to see history get repeated one more time.
Best regards
K