Thomson ReutersMay 8, 2013 20:15
By Atul Prakash
LONDON (Reuters) - Seasonal trading in equities has lost its luster in the financial crisis, with investors far less likely to "sell in May and go away" than to stay alert for bank busts, bailouts and central bank bonanzas.
The relevance of the century-old phrase suggesting a summer trading lull, along with others like "the January effect" and "year-end bounce" has diminished and, say many, is a relic of a world that has largely disappeared.
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