'Sell in May' 2005?

[Racer]

Yes? No?
What do you think?

 

[imaliubuntu]

Depends on what you want to sell

 

[tagh]

Yes? No?
What do you think?

Yes, it depends.Though I think it is better for the longs to stay out during this coming months.

 

[roguetrader]

Not sure where you're coming from with your question Racer. Are you referring to something I vaguely remember as an old investor saying, "Sell in May and go away"

 

[User]

I think his questions is in regards to Indicies....Maybe conduct a poll...might get a better finding...."Sell in May and go away" True to you? or not?

 

[roguetrader]

Having given it some more thought I doubt it is an investor saying as their timeframes is so much longer. I can't remember the context I have read that expression but I believe it to be one of two.

It either pertains to daytraders, or swing traders and refers to the concept that the summer months are cr"p to trade with low volume and you should close out all your positions and head for the beach. I am pretty sure the "sell" in it does not refer to selling short.

 

[Glenn]

Sell in February was more appropriate this year
The market here have followed a fairly predictable pattern during election years since 1945.
When Labour get in the UK market tends to fall.
When the Tories get in it tends to rise.
Given the alleged looming Labour victory, the market seems to have been responding in advance.
On this basis, if the Tories get in then statistically speaking Longs would be safer in May.

Also interesting that the FTSE is currently sitting right on an uptrend from March 2003, which could be the pivot for direction in the near future.
Glenn

 

[Fader]

Historically May is a particularly dangerous month to sell......... so is june, july, august, september, october, november, december, january, february, march and april

 

[DaveJB]

totally irrelevant, I'd suggest, to anyone daytrading or trading over short periods. It refers to longer term investments, and 'investing' has zilch to do with how you trade short term movements.

I think Clem Chambers (may have misremembered this) did a recent 'Traders' article and there was a suggestion that 'Sell in June' (or somesuch) was more apporopriate... that's what I call a good rule, when it fails to work just tweak it until the backtest fits... for the more cynical I'd suggest 'when it stops working, stop using it' is often a useful mantra to repeat <g>

 

[new_trader]

Historically May is a particularly dangerous month to sell......... so is june, july, august, september, october, november, december, january, february, march and april