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I'm already in the Garage because I wasn't sure what the hysteria over swine flue was going to do to the markets. I'm probably going to dip a toe back in when everyone finds out that the sky isn't falling. But I probably am through with the markets in any big way until autumn.Speaking of May Day, anyone here selling in May and going away this year?
Bullitt, sounds like a good subject to ask to start a MB poll on this!!Speaking of May Day, anyone here selling in May and going away this year?
Well, I pulled all my TSP funds into the (G)arage a couple of weeks ago because I wasn't sure what the swine flu was going to do to the markets. It has turned out to be a non-event. The sky didn't fall after all.
Now looking strictly at the charts, that 200 DMA number is beckoning. And half the articles I read are based on "sell in May and go away" and the markets are going to do whatever it takes to make the majority of people wrong.
Based on all of the above, I'm sticking a toe back into the water. Yesterday just before deadline I went 60 G, 8 C, and 16 in each of S and I. I had medical appointments most of the rest of the day, so didn't get my move into the tracker until today.
I don't know how long I'll keep this allocation. I'll let the charts tell me that.
FWIW,
Lady
Well then we would be VERY happy!What if yesterday was the short lived correction?