Wednesday, April 23, 2008

KLSE May Performance

There is a saying that you should sell in may and go away. How through is this statement? If you look at past performance from 1994 to 2007, there is no concrete evidence that KLSE will do badly in May.

Entry DateEntry PriceExit DateExit Price% Change
5/3/19941054.136/1/1994991.6-5.93
5/2/1995950.386/1/19951058.1311.34
5/2/19971080.176/2/19971107.552.53
5/4/1998625.246/1/1998537.6-14.02
5/3/1999675.786/1/1999742.79.9
5/2/2000898.666/1/2000914.121.72
5/2/2002795.076/3/2002741.9-6.69
5/2/2003631.166/2/2003672.926.62
5/5/2004840.426/1/2004811.66-3.42
5/3/2005878.796/1/2005861.05-2.02
5/2/2006947.86/1/2006927.65-2.13
5/3/20071329.136/1/20071348.361.45

So keep investing but you will need to be selective on the stock to invest in.

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