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Sunday, April 28, 2013

Here It Is >> The Month of May is nearing & Gradually Focus is Shifting Towards It - MultiBagger Trading Idea for the Month of May

So what is in the Month of May ? A Long pending Discussion  without a logical answer has its share of Gossip doing rounds in the Past & Its Likely to survive in the future also..

Arguments : Few people think its a Myth , Few term it as Fiction , Few have the ability to distinguish & there are very few set of Traders who Makes Profits from all these Mess.

Different Opinions Makes Market - So lets not take it Hard or do a time cracking digg on the chapter rather lets focus and make some profit out of the wreck.

Trend Trader's have been Continuously identifying the May Trading Pattern  Successfully from past 4 years and put forth the strategy for traders & Investors to seize the Opportunity & Make use of it.

In the previous year that is 2012 There were lot of Discussions & Arguments going on and we could hear in the Street by the Newbies , self proclaimed Guru's , contrary theorists arguing that 2 times in the past SELL IN MAY & GO AWAY strategy has been worked so this time people are aware of it & it wouldn't happen this time in 05 - 2012 ; But in vein markets did follow the go away set up  - conspiracy theorists - techies - self proclaimed guru's were just Left as Mute Spectators from the Bear Party.

So what is in Store for MAY - 2013 ?  Will the Sell Off Trigger or would it turn out to be a Terrible advice ?

Here Once again i would like to remind that  

"The pendulum of emotion tends to swing too far in one direction, but market mood always reverts to the mean" 

Obvious to Reality : When prices Needs to rise whatever the Fundamentals or Technicals are Markets take it as positive - Even the Negative news will be Snubbed by markets and takes it as positive & Vice Versa

The technical condition of SP500 - the stock market does not support the excessive optimism of the bullish majority of stock investors and traders. Fed and ECB plans to buy bonds in unlimited quantities  do not guarantee that stock prices will continue to rise.

Typically, Each & Every Action is followed by Equal & Opposite Reaction , and so a downside correction seems overdue In WORLD INDICES 

Talking Commodities I would advice traders - Choosing safety over risk still appears to be the most reasonable approach for conservative traders and investors.Its better to STAY AWAY than sticking to excessive short positions as three- forth  - 3/4th of the correction is already completed in commodities like gold - silver.

MultiBagger Trading Idea for month of May 

Sell $SPX or S&P500 Between 1612 - 1642 for positional target 1512 - 1456 - 1392 with stops above 1677




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