As I had on my earlier post, May is not the time for holding the position of buy / hold on the stock. Research based on the seasonality Analysis of Stock Trader’s Almanac proves that the strategy of buying stocks in October and sold it in May proved to generate much larger profits than we apply the buy and hold strategy (ala Warren Buffet). I myself have been holding PUT Option positions in the shares. One of mine is the stock AAPL (one of my favorite stocks). Here is a chart of AAPL

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Index seems to hold enough from wave of selling this Friday. But the chart seems to form a pattern that has the great potential to bearsih although still possible for a rebound.

S & P 500 has to pass through support in 1030 if the Bears want to win the battle Read more…