Although it's a bit dated, Yale Hirsch's book "Don't Sell Stocks on Monday" is a fun encyclopedia of historical performance. I have started to look into some of the methods of a fellow with the initials J.B. and he is a big tout on seasonal type of trades. Be warned, he is an aggressive marketer and an assertive salesman, however i believe his material has merit.
he has a pay-for website where members can screen for seasonal trades (free trial available)
he even boasts that there is an annual seasonal trade with 100% historical success...
if you were to buy the XOI every year (since its inception) on FEB 14 at end of day, set a 15% stoploss, (based on the closing price at EOD on the 14th) and exit at the end of the day on MAY 12th, that you would make a profit. ( > 8% on average)
i have made an agreement not to mention the names of outside websites, but i have given you enough ammo to google it if you are so inclined.
bottom line... Sell in May is tradeable... have fun ~gf
On Thu, May 20, 2010 at 3:48 PM, Bill Placek <billplacek@verizon.net > wrote:
So... "Sell in may and walk away" ... and you will be either right or wrong.
That, at least, is true -- even if it's not exactly tradeable.
LOL
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