sell side, page-2

There's the old broking saying - sell in May then go away (on holiday) for our northern hemisphere counterparts. Also, we are approaching the end of the tax year. It's traditionally not the strongest time of year for the markets although we may be spared any great tax selling this year. I've been thinking for some time that the DOW will take one more big hit, then we will have hit the real bottom of the GFC. I'm not convinced at all with the current wave of optimism going through the markets. Think some of the current offers around 60c could well be there just to take some money of the table now, with a view to getting back in over the next couple of months.