Thursday, August 16, 2012

Is Sell in May a disaster in 2012?

$$ - There's a stock strategy to "sell in May and go away" until November. Historically, the market has performed better November-April. In Presidential election years, sometimes the market breaks its historical pattern.

Is that what is happening in 2012? There are still a few months left in the "summer season," but here the market is near the highs for the year. I think some folks might be throwing the towel in on "sell in May" this year.

I'm thinking about it, too!

But, being patient. If the market continues higher, then I will probably have to come up with a strategy for getting back in. Probably dollar cost average until the next correction, then try to get in... We shall see.

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