Posted by sschulman on 16th of May 2012 at 04:24 pm
We know that the main criteria is either oversold
conditions to buy, or overbought conditions to sell. So for our
long entries, I guess the market can get oversold, then more
oversold. etc.
Who knows. I wouldn't be surprised if there were over a dozen
factors that the system looks at. Anyhow, it might not be wrong
yet, just very early.
So many people are buying into that Sell-in-May thing. It's not
written in stone. And anyhow, someone provided a link to an article
by McLellan which pointed out that in election years, after a
Democratic president, the market Zooms up in June. McLellan's a
pretty smart guy.
Here's the link again, (but I wasn't the first person to post
it).
Who knows?
5th Entry?
Posted by sschulman on 16th of May 2012 at 04:24 pm
We know that the main criteria is either oversold conditions to buy, or overbought conditions to sell. So for our long entries, I guess the market can get oversold, then more oversold. etc.
Who knows. I wouldn't be surprised if there were over a dozen factors that the system looks at. Anyhow, it might not be wrong yet, just very early.
So many people are buying into that Sell-in-May thing. It's not written in stone. And anyhow, someone provided a link to an article by McLellan which pointed out that in election years, after a Democratic president, the market Zooms up in June. McLellan's a pretty smart guy.
Here's the link again, (but I wasn't the first person to post it).