Mogie, Chequemate, Spikey J, et al1 May 2014 10:14
Not been in touch for a while and hope you are all well. Thanks for all your replies
I would be interested in your thoughts as to whether you see the Dow retracing in the near term...the "Sell in May and Go away"
When and by how much do you see it retracing or whether it will continue to go north to year end and to what level..
From my point of view I am nervous..I am about 60% cash at moment as I cannot see why the DJIA is at the level its at ..I do belive there will be a retrace from 3rd week in May by approx 10% and then a further decline over next 18 months..I may be completely wrong though...If I am right it could maybe affect the high flyers
Good luck to al