Dump Now -- if You Dare
Go sell now and not in May, will you? Sell your Apple (AAPL) right now, will you? Short the banks, will you? Bet against oil, will you? Sell all your tech, will you? Get rid of all your "China on" plays, will you? Dump all of your retail stocks because they all borrowed from the spring, will you? Eliminate any homebuilders because of that terrible housing start number, will you?
Of course, I am mostly kidding. I don't think you should sell any of these. I hate all those pithy sayings about selling in this period or buying in that one. Sure, sometimes they turn out to be right. However, I don't think it makes a lot of sense to sell Waste Management (WM) in April, buy it back in September, and miss all of those dividends in between. Am I really supposed to dump Panera (PNRA) in May and pick it up 20 points later? Or sell Chipotle (CMG) in April to beat the May sellers so I can miss the 150-point run? All because of some ditty? Some dubious bit of badinage?...392 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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