Monsieur Prieur - terwyl Ek is nie John...I did go ahead and read your article. You're right, the conclusion is very different and your full article does address some of my concerns. Selection bias above, I suppose, but I'm just a girl. Dankie all the same.
Wow...May is over dude...talk about getting on the headline bandwagon a tad too late.
There have been at least 2 articles written on SA about this issue WEEKS ago. May is over, even if this cliche' had any merit, it's a bit late to be selling and walking now, innit?
Furthermore..." the best time to be invested in equities is the six months from early November through to the end of April, while the “bad” periods normally occur over the six months from May to October."
Based on the above, I should enter the market and trade furiously (I'm sorry did you say buy...sell...what's that?...doesn't matter?...just participate? ok...let me throw my money around, gladly) from Nov-Apr and do nothing May- Oct? Fine...while we might want to get in (or out) when there is enough trading volume to fascilitate your activity, doesn't anyone look at returns net of TC's??? And say I was the person who got the -4% return (gross) in the bad period mentioned above...what of the person at the opposite end of all of my moves? 0 sum game, baby, 0 sum game...
And as John says...why not just sell during the "good times" and buy during the down times? That seems to align with buy low sell high...
Sell in May Indeed? [View article]
Sell in May Indeed? [View article]
There have been at least 2 articles written on SA about this issue WEEKS ago. May is over, even if this cliche' had any merit, it's a bit late to be selling and walking now, innit?
Furthermore..." the best time to be invested in equities is the six months from early November through to the end of April, while the “bad” periods normally occur over the six months from May to October."
Based on the above, I should enter the market and trade furiously (I'm sorry did you say buy...sell...what's that?...doesn't matter?...just participate? ok...let me throw my money around, gladly) from Nov-Apr and do nothing May- Oct? Fine...while we might want to get in (or out) when there is enough trading volume to fascilitate your activity, doesn't anyone look at returns net of TC's??? And say I was the person who got the -4% return (gross) in the bad period mentioned above...what of the person at the opposite end of all of my moves? 0 sum game, baby, 0 sum game...
And as John says...why not just sell during the "good times" and buy during the down times? That seems to align with buy low sell high...