Don’t come back till St Leger day

07/09/2011 | By More

The oldest classic horse race in the world is almost upon us again and while it marks the closing of the flat turf season, tradition dictates that it also marks an upturn in financial markets if folklore is to be believed.

“Sell in May and go away, don’t come back till St Leger day”

There is a general ‘theory’ that during the summer stocks languish and only when everybody is back to their desk does the market perk up. Here is one link, from many, that discusses this: –

https://www.thisismoney.co.uk/investing/article.html?in_article_id=484982&in_page_id=166

I’ve never managed to pull anything spectacular out of the St Leger for some reason, but that won’t stop me having a good go this week.

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Category: Horse Racing

About the Author ()

I left a good job in the consumer technology industry to go a trade on Betfair for a living way back in June 2000. I've been here ever since pushing very boundaries of what's possible on betting exchanges and loved every minute of it.

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