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Sell in May and go away

  • 01-05-2007 9:47am
    #1
    PDelux
    Closed Accounts Posts: 296 ✭✭


    You know the saying "Sell in May and go away", well its the 1st May now, so is anyone nervous about buying shares into the summer?


Comments

  • #2
    PDelux
    Closed Accounts Posts: 296 ✭✭PDelux


    There are a good few articles about it yesterday and today. I thought this one was interesting:
    The Stock Trader's Almanac has demonstrated this by tracking what would happen to a $10,000 investment in the stocks that make up the Dow Jones industrial average.

    Money invested in the Dow stocks in the "best six months" and then switched to fixed income in the "worst six months" over 56 years grew to $544,323. But money invested in the Dow in the "worst six" and then switched to fixed income in the "best six" compounded to a loss of $272.

    http://money.cnn.com/2007/04/30/markets/markets_sellinmay/


  • #3
    hotchipfan
    Closed Accounts Posts: 3 ✭hotchipfan


    The markets look very strong but maybe overvalued. Could be a good time to sell and go away.


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