Or how about the old adage of Sell in May and go away, and buy back on St. Ledgers day.
This has led to one of the most famous stock market sayings: "Sell in May and go away – don't come back till St Leger Day." It calls on investors to sell their shares in May and buy them back in September.
St Leger Day refers to the date in early September when a famous horse race is run in Britain.
Many big traders go on holiday for the summer and sell out of big or risky shareholdings first, pushing their price down. The old “sell in May” saying advises them not to buy shares back until September.
When is St. Ledgers Day this year? Sept 11th .