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American National Bankshares Inc. Message Board

  • madmax19471952 madmax19471952 May 30, 2014 6:17 PM Flag

    I guess that the sell in May theory is not happening

    WOW
    this was a strange month--up down and all around------ LOL
    Who knew that my APPLE stock purchase 2 weeks ago would blast up 50 points
    FB is still down for me
    I hope that SDRL continues to walk on up--Hurray
    best to all have a great weekend

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    • sarge and board members...we had such a long nasty winter and a cool wet spring that it had a lot of people and investors were in a bad mood...as the weather starting getting better people started to cheer up and I think that helped the markets some, therefore, 'No Sell in May and Go Away'...

      It is possible that the markets will move sideways until we get a 'Mid-Summer Rally' around July and then after that we could get a terrible market correction around Bloody October (???)...that said, this is a pretty sweet ride and I am now up about 8.8% in Total Returns YTD...

      So far, I have been wrong about grain prices as they have not move up any...a lot of farmers, including myself, had to 'replant most of the early planted corn' because of the cool and wet weather (the seed rots in the ground)....yet corn prices have not increased any yet, I find that a bit strange (???)...! I also find it a bit strange that SFL and SDRL have not 'increased more' on very good earnings and a nice forward outlook (???)...! $tagg...!

 
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