When All Else Fail

Since most analysts and market experts have gotten the first couple of weeks after CNY wrong, we have little choice left but to refer to the master, the unerringly correct yearly market predictor by the CLSA team. This has been featured in some publications and numerous blogs before. Click for larger image.

The first reaction would be "damn, if only I followed the chart properly", it had February as a deliberate down month, so far so good. Too late to do anything much now, wait for market to consolidate, at least April looks decent. From the chart we should sell everythiung by end of April, proving that the old adage "sell in May" looks to be holding true again this year.


Go for holidays and then come back to load up in the last week of June.

When you run out of explanations and directions, stick to something tried and tested. Lol ... but cannot argue when its 80% correct for the past 2 years.