I've only heard the "sell" part, not when the market usually picks up again. Just wondering if there's a flipside to this saying, as in "when to buy". Not that things have gone traditionally the past few years...
Eddie W
Favorite Answer
'Sell in May and go away' is only the first 1/2 part of the slogan. The second 1/2 part gives you the answer - 'Don't come back until labour day'.
Sam
Anyone that just tries to time the market like that will lose out. You will end up buying alot higher then you expected, or you will hit in right one year then next year completely miss a huge rally.
Spock (rhp)
first week of October is one possible -- that's before Alcoa reports 3rd quarter earnings. Another possible is the week before Thanksgiving.
obviously, some judgment is required -- after all, the 1929 crash was on October 29th and buying in that November wouldn't have been a good move.
Pearls Before Swine
Trying to time the market is a waste of time (heh). The only time-related strategy that is likely to pay off is "buy and hold" - if you hold long enough!
Anonymous
Stock market is a gamble however you look at it, hell the other day the Dow dropped 300 points in one day