[Follow The Trend]

This is one of the best stockmarket sayings I have come across, and has made me some good money over the years.

I have traded many stocks ahead of Company results, after signs of strength in the weeks running up to the figures. In the UK, there tends to be anything upwards of 6 weeks between a company closing there books, and announcing results to the market.

I have seen many occassions where shares have moved upwards as the "insiders" gain prioir knowledge of impending results. I find it best to get in early for the ride, and sell just before, or when, the results are announced.

After a good run, we have all seen many shares encounter profit taking when the results / news is announced, hence :-

Its better to travel than arrive..........

[Soultrader]

There is a Wall Street proverb similar to yours.

"Buy the rumor and sell the news."

[Trade Up]

A similar phrase in the UK is "Buy on rumour, sell on fact" - it does work!!

"Sell in May and go away, dont come back until St. Ledger Day" has always been a phrase mentioned EVERY year in the papers in the UK. For those of you not aware, the St.Ledger is a famous horse race in the UK.

History has shown that the period between May and St. Ledger Day has often been a flat period, with many traders away from their desks at some stage over the summertime.

Are there any periods when the US market has historically been disappointing?