GREY:ALXDF - Post by User
Post by
Poriemonon Apr 26, 2016 11:28am
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Post# 24810505
Sell in May and go away
Sell in May and go awayWith the exception of 2013 and 2009, over the last 10 years (2006 to 2015) you could have sold short at the last day in April and covered your short on the first day of August and made a profit. In fact, if those were the only two trades you made in AZX for the year over 10 years you would've made an annual return of 19%.
So what's different about 2016?