Pashabxl
Short

SPX: Correction of the summer time

INDEX:SPX   S&P 500 Index
The adage was saying sell in may and come back in september.
But for those who applied this adage by word lost a lot of money, or at least have been stopped by there SL which by the way is not a Mercedes.
QE3 is decreasing step by step but is still in the market. Tappering schedule did not change at all. There is still cheap money in the market i.e FED and ECB interest rate.
But now, time is at correction for the moment until 1850 and then may be 1780.
So at 1970 it is time to sell and go to enjoy your convertible car, the sun, the sea and many other good things of life?

first will be 2000
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