Sell in May...

[Bullitt]

I'm not a fan of this theory as it was hurt pretty bad in last years rally, but what do you think this year?

Sell in May and Go Away?

---or----

Buy in May and Stay?

Decision time is soon upon us.

 

[Boghie]

Bullitt,

We are now in a normal market - I think.

Folks who have treated it as such have prospered. It feels extended because we are coming out of a complete crash - a collapse. The market will hit equilibrium. The slow growth we have been having recently is healthy.

Thus, in May one should go Away.

I will let the market decide. Unless a selloff is large and sustained (>5% in 3 days) I will stick through it. If that happens – or I get happy feet – I will run to safer allocations in steps. A normal allocation for me includes 17% in G/F.

 

[Bullitt]

Looks like the players are getting a head start on May selling but the volume doesn't look too climactic here; however, one can find abundantly clear signs of distribution if he were to go back about 15 trading days.

I remain either out in some accounts or hedged in others (TSP) and with seasonality coming into play at this inflection point, the outlook isn't brilliant. Buying dips works until it stops and this bearish bull has a hard time calling a 1% drop a viable buying dip.

 

[XL-entLady]

I sold 40% today and, with my 20/20 hindsight, I should have sold everything yesterday.

Day late and a dollar short. :laugh:

 

[grandma]

... with my 20/20 hindsight, ...
Day late and a dollar short. :laugh:

My hind - sight never even ever worked just raising my kids :embarrest:

 

[Bullitt]

It looks like Sell in May is going to pan out this year. Where will the buying come from when everybody is out enjoying the fun and sun?