Be careful

[HairyArsedBloke]

Beware the 17th! It's....

It's worse than that these days.

[MarillionFan]

Beware the 17th! It's....

[HairyArsedBloke]

Sell in May and go away.
Come back on St Leger day.

Very good advice.

Many think it means that markets decline in value during that period, it doesn't. It refers to the decline in volume and the potential for increased volatility.

[thunderlizard]

Sell in May and go away.
Come back on St Leger day.

[DimPrawn]

based on what evidence or source?

Hindenburg Omen - Wikipedia, the free encyclopedia

Though the Omen does not have a 100% success rate, every NYSE crash since 1985 has been preceded by a Hindenburg Omen.

August 12, 2010: The Omen's creator, Jim Miekka, considered the Omen officially triggered on this date with 92 and 81 new 52-week highs and lows, respectively. The McClellan Oscillator was a negative -120.03 and the 10-week NYSE moving average was rising; the market closed above its open of 50 days prior (May 27). [5]. In the ensuing week, the Omen narrowly missed confirmation twice (August 13 and 19).

August 20, 2010: According to the Wall Street Journal, the omen was confirmed on Friday, with 83 new 52-week highs and 95 new 52-week lows on the NYSE. The McClellan Oscillator was a negative -106.46 and the 10-week NYSE moving average was rising; the market closed above its open of 50 days prior (June 11). [6]

August 24, 2010: 166 New Lows, 87 new Highs, McClellan Oscillator was negative, but the 10 week average began to fall. (Non-Confirmation.) (Although the 12 week average is still positive.)

August 25, 2010: 150 New Lows, 90 new Highs, McClellan Oscillator was negative, but again the 10 week average was falling (Non-Confirmation.) (Although the 12 week average is still positive.)

August 31, 2010: 86 New Lows, 164 new Highs, McClellan Oscillator was negative, and the 10 week moving average was up slightly 8.86 (0.13%) but falling (non-confirmation)

[teclo]

Glad I ditched my Connaught

[chef]

I sold all my equities in the last bounce a few days ago.

The crash cometh and it's coming in the next few days/weeks.

Cash at the ready for cleanup II.

based on what evidence or source?

[Svalbaard]

I've said too much already.

(Yup AtW, it's one of those cases when I can say 'nothing')

Thanks. I will.

[milanbenes]

AU is doing well

Milan.

[oracleslave]

Cash at the ready for cleanup II.

Can you get a cleaner for a fiver?

[MarillionFan]

I sold all my equities in the last bounce a few days ago.

The crash cometh and it's coming in the next few days/weeks.

Cash at the ready for cleanup II.

Beware the 17th!! Beware the 17th of September...

[DimPrawn]

I sold all my equities in the last bounce a few days ago.

The crash cometh and it's coming in the next few days/weeks.

Cash at the ready for cleanup II.

[HairyArsedBloke]

I've said too much already.

(Yup AtW, it's one of those cases when I can say 'nothing')