Wednesday, April 3, 2013

Sell in May and Walk Away

There is a common adage within Wall Street that goes "Sell in May and Walk Away". Though opinion is mixed as to how true this statement actually is, there are some bears in the market right now who are looking at the historic gains made in March and are expecting nothing less than some serious corrections in the next month. Most notably was David A. Stockman who had a controversial op-ed recently predicting major corrections in the real estate market which has only just shown a period of growth. Even the most optimistic of analysts are expecting some degree of bearishness in the market over the next few months and that it's merely a matter of figuring out which markets will be hit the hardest.

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