Sell in May and go away

v-shape-0DTE said:
1. (still pretty rare),
2. but they never last and you have to always be buying the dip
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1. Do your own research. It happened the last 2 years.

2. So? Then you sell in May, wait for a dip and buy the low.

The Pekelo's version is Sell in August, come back in October. It has worked in the last 5 years even when it rallied during June-July.
 
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v-shape-0DTE said:
Maybe QQQ will drop from 500 to 480 and that will be the October "selloff"
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Just in case you suffer from amnesia...be sure to reference this chart often. :sneaky:

upload_2024-5-3_10-58-45.png
 
v-shape-0DTE said:
The sell in May and go away has to be the biggest BS ever. My goodness.
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%%
I AGREE\
someone that takes off a whole month of May must hate his or her work:D:D Good .
Temperature rise / higher + higher;
on fire\
like a sweet song of a choir\
Lord Almighty I feel my temperature rise\
Burning Love\ ElVis P anti global cooling Song >77,777,777 video views volume
 
schizo said:
Just in case you suffer from amnesia...be sure to reference this chart often. :sneaky:

View attachment 339527
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Look at the weekly and monthly charts. Completely repaired/fixed. In 24 hours the thing went from having a bearish engulfing weekly candle to now an insanely bullish chart. Like how on earth and I really mean that is this going to fall?
 
The 2024 bottom was when QQQ briefly lost 400 the first week of the year. As we go further in time, people are realizing when these rare dips happen, they don't last that long. It's still up 10% from the real 2024 bottom. Everyone is gobbling these dips up fast. Why would you ever sell in May. Those 2 examples should give you even more confidence as this market NEVER will face any long period of being dead or offering negative returns. Any dip is a gift/steal!

Oh and that chart was completely wrong. It did the V as expected. Pretty silly to think that this market ever had a real chance of having any type of lasting pullback.
 
v-shape-0DTE said:
The 2024 bottom was when QQQ briefly lost 400 the first week of the year. As we go further in time, people are realizing when these rare dips happen, they don't last that long. It's still up 10% from the real 2024 bottom. Everyone is gobbling these dips up fast. Why would you ever sell in May. Those 2 examples should give you even more confidence as this market NEVER will face any long period of being dead or offering negative returns. Any dip is a gift/steal!

Oh and that chart was completely wrong. It did the V as expected. Pretty silly to think that this market ever had a real chance of having any type of lasting pullback.
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%%
Good points;
but many + plenty of reasons to take profits sometimes.
1]UP trends are not predictions, nor would any experienced trader-investors pretend they are. LOL
2] I cut a small loss on a start positionTECH-type ETF, because SPY related was doing some better ; but even more so it was distraction to my other positions.
3.777] That one ETF will do much better than SPY if it'$ moving well, so glad to kick it out:D:D
 
v-shape-0DTE said:
Look at the weekly and monthly charts. Completely repaired/fixed. In 24 hours the thing went from having a bearish engulfing weekly candle to now an insanely bullish chart. Like how on earth and I really mean that is this going to fall?
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You'll be sorely disappointed if you keep this up. Watch the 440 level closely for a reversal. Anyway, I'm done with this place. I've already said everything I needed. No point of regurgitating the same thing over and over.
 
Why? Because the market recovered so fast and your prediction of it going lower failed?
We are at your 440 and it will blow right through that to new ATH. Nothing can stop this market. I'm sorry that bothers you so much.
 
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