Why is this so???.... Hmmm, maybe because of the School holiday ??? Where the Fund Managers
will sell their holdings and go for vacation with their family ??? Or maybe in this 2012 will be a up year
for month of May ?
Lets check the history data, actually I would like to take a look only at the FBMSCAP rather that FBMKLCI cause in FBMSCAP consist of more stocks which most of us will buy into it. But my data only have 3 years of this and the result is 2 down/ 1 up, so is 67% probability (anyway I think the data would be too little to show). See below
Let see FBMKLCI , is 9 down/8 up which is only 53% . So, the saying of Sell in May & go away is not so valid for our Malaysia market. So, lets see how this 2012 May will display a Red Candle or a White Candle. My pick is a Red one. Time will tell :)
may iknow what this graph show.. not sure about it
ReplyDeleteHi redlomo,
ReplyDeleteThe above graph is just for analysis, how many May months are having upside compare to downside. And for CI, the graphs only show 53% of the 12 years time are having downside. These means the saying "Sell in May and go away" is not so true as only about 50% of the time the market is having downside.
do you think that KLCI will go down after this until general election or it will going uptrend again?
ReplyDeleteHello, jz to drop some words here hope Rei doesnt mind it. I think, Rei isnt trying to ask any of u selling all of your holding in May then go away from the market. Sell in May and Go Away is just a statistically fact mainly in US market where during the period of May-Oct are systemmatically negative or lower than the short term interest rate. Last year KLCI was falled into this statistic as well.
ReplyDeleteWenJune,
DeleteThanks for dropping by and put some comment. You are more than welcome.
ok..thanks for your info bro..:)
ReplyDeleteHi Nazri ,
ReplyDeleteMy pick is KLCI will go down in May onwards, when she will go up, thats will depend on the overall global market sentiment. Remember a pick is a pick, the graph will tell you only a short period of direction where she is going but not the distant future.
Today 14/May, seems to be the beginning of the saying "Sell in May & Go Away" going to materialize.
ReplyDelete