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Online Share Trading

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Sell in May and Go Away

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CrownA
Super Contributor
What are the forumites thoughts on a good short coming up?
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7 REPLIES 7
Preston
Super Contributor
May is still 8 day away, anything can happen till then. 1. Robert Mugabe could be ruling president of Zim 2. Banks could appreciate till then 3. Even John and Chartist could engage in one of their love quarrel..
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barry_1
Super Contributor
in the last couple of years there was a general advance in most shares in the early part of the month,then follower by a fairly large retreat around the 15 of May.This year many shares are down already,how ever it is good to remember the US does not seem so interested in shares round this time.
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SimonPB
Valued Contributor
sell in may and go away is a load of twaddle. Twain once said "October is a very dangerous month for the markets, but so is Jan, Feb, Mar, Apr ..." you get the picture.
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Not applicable
And this year was January, so who knows?
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Not applicable
Can I start to short in May and stay?
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barry_1
Super Contributor
i might be going short with a TOPSBP round the middle of may,just in case!
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barry_1
Super Contributor
definitely some truth in what Simon says as if everyone believed it it would become self-forfillin !
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