A good Alan Kohler the other night.
He reckons most years the ASX rises between Halloween and Easter and then drops after Easter (this is why people came up with the rhyme 'sell in May and go away')
BUT every 5th year it does the opposite - starts the year poorly and then picks up after Easter. The last year like this was 2009 and before that 2004.
So going on this 1 in 5 rule - we should be heading upwards in the next few months.
p.s I bloody hope so as my Super has been mugged so far in 2014.
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- let the buying begin - t'is a one in 5 year!
let the buying begin - t'is a one in 5 year!
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