Does anyone sell in May and go away?

Discussion in 'Trading' started by eagle488, Oct 4, 2006.

  1. Does anyone here simply stop trading from May-October and go by the old cliche?

    On a side note, I was toying with the idea of sending my 401k-Roth IRA accounts to all cash during those times and then going long in mutuals during the other time?

    The reason why I ask is because this last May-June period was rough. I was thinking of at least eliminating May-June from now on. July-August seemed like good periods of time to pick up deals.

  2. partially agreed; summer period is mostly rangebound with very few imbalanceds to exploit but some money can still be made, by intraday position tradin' and long term bets. just be more selective and sit tight for most of the time...opportunities are still there, take the best bets and buy some back month calls/puts.