Friday, October 26, 2007

Tis The Season To Buy Stocks, At Least Historically

From David Fuller at Fullermoney a brilliant subscription based service:

This phenomenon is well known, not least to veteran subscribers. Nevertheless I still find the historic bullish performance from November-April, relative to May-October, breathtaking. I want to make sure that new subscribers are aware if it.

Will the bullish average be repeated over the next six months, or will we see one of the comparatively rare exceptions?

I believe that the bulls, which certainly include Fullermoney, will be vindicated. I also expect that our key investment themes such as resources, Asian-led emerging markets, and more recently technology, will be very much to the fore. The known risks are Western and Japanese banks, which remain a significant drag on their markets.

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