PETERiCHY:
http://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp


DEFINITION OF 'SELL IN MAY AND GO AWAY'

A well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets. The "sell in May and go away" strategy is that an investor who sells his or her stock holdings in May and gets back into the equity market in November - thereby avoiding the typically volatile May-October period - would be much better off than an investor who stays in equities throughout the year.

INVESTOPEDIA EXPLAINS 'SELL IN MAY AND GO AWAY'

This strategy is based on the historical underperformance of stocks in the six-month period commencing in May and ending in October, compared to the six-month period from November to April. According to the Stock Trader's Almanac, since 1950, the Dow Jones Industrial Average has had an average return of only 0.3% during the May-October period, compared with an average gain of 7.5% during the November-April period.

There are limitations to implementing this strategy in practice, such as the added transaction costs and tax implications of the rotation in and out of equities. Another drawback is that market timing and seasonality strategies do not always work out, and the actual results may be very different from the theoretical ones.

While the exact reasons for this seasonal trading pattern are not known, lower trading volumes due to the summer vacation months and increased investment flows during the winter months are cited as contributory reasons for the discrepancy in performance during the May-October and November-April periods, respectively.

I raised the above RED FLAP on 1st of MAY this year.

But some group of people under of the aegis of "WE ARE MAKING MONEY THIS YEAR" antagonized.

Well I hope they are still making the MONEY

Bros.....'GO & SIT DOWN'

We are tired of your pessimism here.

Whether or not you like it, people will still make money, and even if they lose, its their money, not yours.

Haba! what's all this 'I SAID IT' music, you've been singing for days now? Abi you wan release album?

Those dumping transcorp aren't done yet oo. They are ready to sell below 1.81 this morning, but d price slump seems unbearable to market makers. An attempt to buy below 1.81 was met with a red flag warning. "Trade rule: bid price cannot be less than 1.81" Forced to sheath the sword

Tjohn1:
Bros.....'GO & SIT DOWN'

We are tired of your pessimism here.

Whether or not you like it, people will still make money, and even if they lose, its their money, not yours.

Haba! what's all this 'I SAID IT' music, you've been singing for days now? Abi you wan release album?

Brother leave that Guy. I don't read his posts cos they are full of crap.

If he's not supporting Naira Devaluation, he will be shouting he earns millions in dollars, the next day,he will be busy screaming I warned you not to buy.

......But he has forgotten that whatever he claims he earns in dollars is somebody's donation to charity or tithe.


Abeg make e talk better thing jare! Hope you are cool?

Confusion /confused comments [ I just check the meaning ] ..the state of being bewildered or unclear in one's mind about something.

I wonder what that person is doing for living. He is always here making long statements.

Chai! some people get timeoo

veecovee:
I wonder what that person is doing for living. He is always here making long statements.

Chai! some people get timeoo

the moment you stay in a country where internet is constant and cheap staying online 24/7 running mouth around on self defeat is easy

currentprice:


the moment you are living in a country where internet is constant and cheap staying online 24/7 running mounth around on self defeat its possible

But that's kinda sad init? The stock market is important, but I'll wager that there are equally other very vital things that could keep a sane person quite busy such that his posts on the forum wouldn't become an irritant.

cassimere:


But that's kinda sad init? The stock market is important, but I'll wager that there are equally other very vital things that could keep a sane person quite busy such that his posts on the forum wouldn't become an irritant.

In the right context, pessimism has its strengths, however peter and chibubear's use of the disposition on this thread has lost so much context that they've turned the mental attitude into ignorance and gross incapacity.

PETERiCHY:



I raised the above RED FLAP on 1st of MAY this year.

But some group of people under of the aegis of "WE ARE MAKING MONEY THIS YEAR" antagonized.

Well I hope they are still making the MONEY

currentprice:

the moment you are living in a country where internet is constant and cheap staying online 24/7 running mouth around on self defeat is easy

veecovee:
I wonder what that person is doing for living. He is always here making long statements.
Chai! some people get timeoo

lancee:
Confusion [ I just check the meaning ] ..the state of being bewildered or unclear in one's mind about something.

GudluckIBB:

Brother leave that Guy. I don't read his posts cos they are full of crap.
If he's not supporting Naira Devaluation, he will be shouting he earns millions in dollars, the next day,he will be busy screaming I warned you not to buy.
......But he has forgotten that whatever he claims he earns in dollars is somebody's donation to charity or tithe.
Abeg make e talk better thing jare! Hope you are cool?

Tjohn1:
Bros.....'GO & SIT DOWN'
We are tired of your pessimism here.
Whether or not you like it, people will still make money, and even if they lose, its their money, not yours.
Haba! what's all this 'I SAID IT' music, you've been singing for days now? Abi you wan release album?

Market dey deal with ppl well well oo
To make their body cooleh and feel better they decide make dem gangup show their hate and abuse and insult @Peterichy
shey u dey see the ppl i quote, dey no like u atall atall o. Maybe nah because u dey take salt dey rub for dia wound as u dey talk this your international talk.

So i ask u Mr Peterichy na u dey manage their portfolio for them? or the same freedom of speech wey dey allow to others to exercise dey wan remove from u? make laff no kee person for this place o

cassimere:


In the right context, pessimism has its strengths, however peter and chibubear's use of the disposition on this thread has lost so much context that they've turned the mental attitude into ignorance and gross incapacity.

Chai chai wey my Oxford learner?

Please where is my sweet angel Mercy? Bear shall not put asunder

Agbalowomeri:
Please where is my sweet angel Mercy? Bear shall not put asunder

Mercy always disappear when market is bearish..........Seems your babe is an expert in a stable market.............

There is freedom of speech and expression on this forum ..but when its getting out of hand then something is wrong ..repeating same thing all the time and these same people had LOST money on NSE , but they won't say it na later in their confused statement u will know they re nursing their wound

You were warning people ..you neva warned ur self FIRST ..cos if u had warned urself First then u wld't have lost money

I no get time to dig out comments , and i believe we re not perfect but is good a times to be atleast a lil bit consistent on ur comments ..you go to SMN you say one thing , come this forum say another thing totally different

lancee:
There is freedom of speech and expression on this forum ..but when its getting out of hand then something is wrong ..repeating same thing all the time and these same people had LOST money on NSE , but they won't say it na later in their confused statement u will know they re nursing their wound

You were warning people ..you neva warned ur self FIRST ..cos if u had warned urself First then u wld't had lost money

You dey vex o..............

angelo82:


You dey vex o..............

even me self dey laugh here ..We re all still BNSITL .

lancee:
There is freedom of speech and expression on this forum ..but when its getting out of hand then something is wrong ..repeating same thing all the time and these same people had LOST money on NSE , but they won't say it na later in their confused statement u will know they re nursing their wound
You were warning people ..you neva warned ur self FIRST ..cos if u had warned urself First then u wld't had lost money
I don't get time to dig out comments , and i believe we re not perfect but is good a times to be atleast a lil bit consistent on ur comments ..you go to SMN you say one thing , come this forum say another thing totally different

who care if he keep repeating samething....., what we hate most is painting the picture as if his wiser and excluded from the loser

lancee:



even me self dey laugh here ..We re all still BNSITL .

Ignore pessimistic post completely...............Things will definitely get better............

which kin laff u dey laff all your comment wey we dey read show say all your body dey pain u no be small.

Abeg leave peterichy and Chibuking make dem talk with freedom as some of us dey read wetin dem dey write with joy.

[quote author=gbolah4real post=39515971]which kin laff u dey laff all your comment wey we dey read show say all your body dey pain u no be small.

Abeg leave peterichy and Chibuking make dem talk with freedom as some of us dey read wetin dem dey write with joy.



..Same people lost money as well one way or the other ,if my pain no be small with my lil units of oando i wonder the extent of the person that bought high volumes@ 30 and average @ 20 will be like ......everyone has the right to express his/herself brv ..but someone to be painting a picture as if they re correct all the time then going thru their comment and u find out their weakness with their thousands repeated comments

Agbalowomeri:
Please where is my sweet angel Mercy? Bear shall not put asunder

Just back from ban from spambot.

Am in thanksgiving mode. Thanking God am 100% liquid.

mercylicious:


Just back from ban.

u see Barristo for there?

gbolah4real:


u see Barristo for there?

Bad guy. Na Oga manie I see.

angelo82:


Ignore pessimistic post completely...............Things will definitely get better............

Gat u sir ..thanks

My loss @ oando is like 200k ..and i have ignore the shares for now

Ahhhhh!
Good day everyone, am actually very new in the stock trade stuff, but I have really been following this tread and I feel I should put myself into doing something, pls does any of u recommend any good stockbroker?
Nd pls how much do I need to be able to start trading...?

gbolah4real:






Market dey deal with ppl well well oo
To make their body cooleh and feel better they decide make dem gangup show their hate and abuse and insult @Peterichy
shey u dey see the ppl i quote, dey no like u atall atall o. Maybe nah because u dey take salt dey rub for dia wound as u dey talk this your international talk.

So i ask u Mr Peterichy na u dey manage their portfolio for them? or the same freedom of speech wey dey allow to others to exercise dey wan remove from u? make laff no kee person for this place o

I wonder ooo.

Some say I no get job. Some say my mind na devils workshop. Some say it's due to cheap internet all because of the heart-attack WALE created for them.

I ve spent over a decade both in Singapore and UAE and i can authoritatively tell you that both voice call and internet are VERY VERY VERY CHEAP in Nigeria compare to those 2 countries.

Well in all honesty I dont blame them coz i know what it means for someone to lose 50% of his portfolio within one week and there's no end in sight yet.

Though that won't stop me from raising RED FLAPS to save the obedient newbies that have not been trapped.

lancee:



Gat u sir ..thanks

My loss @ oando is like 200k ..and i have ignore the shares for now

Recoup your losses from other stocks while waiting for Oando to break even.............Oil price will surely rise as soon as a new American president is elected............

were is bad news? tell the boy fbnh,uba e.t.c is making profit now or he know come market today?

angelo82:


Recoup your losses from other stocks while waiting for Oando to break even.............Oil price will surely rise as soon as a new president is elected............

Yeah that was why i decided to ignore it ..hopefully that is what am looking into some more stocks @ new lows

angelo82:


Recoup your losses from other stocks while waiting for Oando to break even.............Oil price will surely rise as soon as a new president is elected............

See investment advice oh. somebody talk say make u tie money down sit with OANDO dey wait. hmmm na wa oh