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Previously on "Sell in May and go away"

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  • BrilloPad
    replied
    Originally posted by Turion View Post
    The slow down in the economy is down to the unwinding of debt, much of it recklessly doled out to dolts to splurge on unnecessaries and indulge in get rich quick, without work or effort schemes.

    Blame New Lie. They have used this debt build up to give illusion of prosperity. It's all over now for them.


    something we all agree on.

    Leave a comment:


  • Platypus
    replied
    Originally posted by Turion View Post
    Blame New Lie. They have used this debt build up to give illusion of prosperity. It's all over now for them.
    What's to disagree with this statement? Sounds right to me.

    Leave a comment:


  • HairyArsedBloke
    replied
    Originally posted by BrilloPad View Post
    Do not buy again until St Ledger day.

    The old Stock Exchange proverb - will it hold true this year?

    So far srock markets holding up amazingly well - all that money that was going to go into houses the last few months has been going into shares?

    No doubt BB will find a way of raining on the parade.

    It’s not so much as markets fall, but liquidity dries up as all the main players are off doing things like going on holiday and attending the sport events. The St Ledger is towards the end of the flat racing season and the time that gentlemen return from the country to town.

    Leave a comment:


  • bogeyman
    replied
    Originally posted by Turion View Post
    Read: This is where the smart money is going. Who's money? Well it aint from retail investors as Joe Public is skint, up to his eye balls in debt and no longer allowed to binge borrow.

    The slow down in the economy is down to the unwinding of debt, much of it recklessly doled out to dolts to splurge on unnecessaries and indulge in get rich quick, without work or effort schemes.

    Blame New Lie. They have used this debt build up to give illusion of prosperity. It's all over now for them.
    You're like a stuck record.

    Leave a comment:


  • Turion
    replied
    Originally posted by BrilloPad View Post

    So far srock markets holding up amazingly well - all that money that was going to go into houses the last few months has been going into shares?
    Read: This is where the smart money is going. Who's money? Well it aint from retail investors as Joe Public is skint, up to his eye balls in debt and no longer allowed to binge borrow.

    The slow down in the economy is down to the unwinding of debt, much of it recklessly doled out to dolts to splurge on unnecessaries and indulge in get rich quick, without work or effort schemes.

    Blame New Lie. They have used this debt build up to give illusion of prosperity. It's all over now for them.

    Leave a comment:


  • mrdonuts
    replied
    Originally posted by BrilloPad View Post
    Do not buy again until St Ledger day.

    The old Stock Exchange proverb - will it hold true this year?

    So far srock markets holding up amazingly well - all that money that was going to go into houses the last few months has been going into shares?

    No doubt BB will find a way of raining on the parade.
    its election time across the pond so all bets are off on this sell in may and go away thing, with there being a pretty good chance of a big summer rally, possibly maybe
    Last edited by mrdonuts; 5 May 2008, 18:13.

    Leave a comment:


  • bogeyman
    replied
    Originally posted by Turion View Post
    This does not apply to shares anymore. It's good advice for the BTLers though.

    Now waiting for bogeys next profanity. Come on Bogey, hope it's a good one
    I am never profane old boy.

    I am never a humourless dolt either.

    Leave a comment:


  • Turion
    replied
    Originally posted by BrilloPad View Post
    Do not buy again until St Ledger day.

    The old Stock Exchange proverb - will it hold true this year?

    So far srock markets holding up amazingly well - all that money that was going to go into houses the last few months has been going into shares?

    No doubt BB will find a way of raining on the parade.

    This does not apply to shares anymore. It's good advice for the BTLers though.

    Now waiting for bogeys next profanity. Come on Bogey, hope it's a good one

    Leave a comment:


  • BrilloPad
    started a topic Sell in May and go away

    Sell in May and go away

    Do not buy again until St Ledger day.

    The old Stock Exchange proverb - will it hold true this year?

    So far srock markets holding up amazingly well - all that money that was going to go into houses the last few months has been going into shares?

    No doubt BB will find a way of raining on the parade.

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