oh I think the Sell in May thing will play out eventually in
some form, but just be delayed since so many were looking for it
this time. The market gods like to do that, too many people
see a pattern etc, so either the pattern doesn't play out at all,
or plays out later or differently
Same thing happened in November when the bottom didn't occur
till mid-month. Flushed out week hands looking for the
seasonal buy on November 1. Makes a good case for Sy
Harding's MACD confirmation.
good point darnelds -- don't know what setting he uses but here
are the standard 12,26,9 and slower 25,170,25 entries. At the
moment both MACDs are bullish
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Russell at new highs --
Posted by bkout3 on 3rd of May 2013 at 09:54 am
Russell at new highs -- another joker fails to get the ""Go away in May" memo
oh I think the Sell
Posted by matt on 3rd of May 2013 at 09:56 am
oh I think the Sell in May thing will play out eventually in some form, but just be delayed since so many were looking for it this time. The market gods like to do that, too many people see a pattern etc, so either the pattern doesn't play out at all, or plays out later or differently
Same thing happened in November
Posted by darnelds on 3rd of May 2013 at 12:58 pm
Same thing happened in November when the bottom didn't occur till mid-month. Flushed out week hands looking for the seasonal buy on November 1. Makes a good case for Sy Harding's MACD confirmation.
good point darnelds -- don't
Posted by bkout3 on 3rd of May 2013 at 02:00 pm
good point darnelds -- don't know what setting he uses but here are the standard 12,26,9 and slower 25,170,25 entries. At the moment both MACDs are bullish