"I see you shiver with antici...pation"

So come up to the lab... And see what´s on the slab...

... In this month's thoroughly unscientific and statistically unsound...

Hedgething Instant Sellside Survey (HISS)

"Quick poll - do you expect the market to be UP in May... OR DOWN?"... asked to a variety of country specialists and pan-regional salestraders (mostly.) They could choose to answer with reference to any or all markets. So far, with 21 responses in...

UP = 10
N/C= 1
DN = 10

Pretty balanced, in aggregate, but HK and TW are 100% bulls, Korea is almost entirely bearish and pan-regional guys are just slightly -'ve. Two folks from Citi mentioned "Sell in May and go away."

For what it's worth, I'm getting slightly more bearish for May too.


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(Last month the expectation for April was 16:3:9 UP/nc/DN... WELL DONE sellside!)