Markets Update – Sell and Go Away in May?

By Paul on April 22nd, 2009

Just to put up a very short post following up on my last post on the point of reckoning.

I think it is more and more apparent that most markets will be heading down for a time being. Some famous economist say that things will get worse. Roubini is his name i think.

Well, will there be an unexpected turn upwards? Not sure, but I am going to play safe and have already locked in my fund switch from China to a SG Bond fund.

Let’s see whether the “sell and go away in May” saying is true.

3 Responses to “Markets Update – Sell and Go Away in May?”

Sen and Qi
14 May 2009 at 6:48 am | Permalink

Unfortunately it is not so good for the 90% of Investors at this time but for the mega wealthy they thrive on bearish markets. I found your blog on MMG today and I really like the content. I will follow it and come back and subscribe later.

Sen and Qi’s last blog post..Sqip Newsflash: Sqip launches ‘BOOSTER’.
Paul
14 May 2009 at 8:53 am | Permalink

thanks for the comment.

I supposed the mega wealthy thrive both on bearish and bullish markets. they have sufficient financial power (and networking clout) to move markets and force smaller players into corners hence it’s almost always a game of deciphering what they are doing.

catch u around sometime!
Analyst Reports 23: Eastern Markets vs Western Markets?
19 May 2009 at 1:12 am | Permalink

[...] I would be switching into my China Funds again. By doing so, i missed out on about 10% gain from my last switch because I wanted to catch a low after a bounce off the resistance and still under the long term [...]