Menu

Home › Forums › Financial Markets/Economics › S&P500 dropping to 600 by spring 07 › Stock Traders Almanac and

May 5, 2007 at 8:44 AM #51905
equalizer
Participant

Stock Traders Almanac and other have documented the Sell in May works over the past 30-50 years on average.
See http://www.bizjournals.com/boston/stories/2002/05/27/newscolumn7.html

For buy and hold types, it is not a bad indicator along with 
looking at operating and reported P/E ratios, interest rates.

The fact that S&P 500 hasn't broken through 1530 is very 
scary.  But the Dow Theory is still intact.  The Transports and DOW still have not broken uptrend, although I think with GM, etc, the Transports may see decline.
So, I stay put with stocks and money market for now.