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A Bear Growls: Nine Bumper Reasons Why You Should Sell Rather Than Buy Just Now!

By Nigel Somerville | Saturday 26 August 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

I note Malcolm Stacey’s column today on why you should buy now, in line with the old adage of sell in May and go away, come back on St. Leger’s Day. But I have to take issue with that, especially right now. I have immense respect for Malcolm – he was, after all, right all along in our early days: a lone bull in a wood full of bears. But on this occasion I really must beg to differ – as reader will know, the writers on this fine website are not paid to agree so here is why, in my view, that his nine cited reasons are wrong.
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