';Sell in may and go away'; will be a good advice for this year?

I think this might work even better for Asian stock markets.


What do you think?';Sell in may and go away'; will be a good advice for this year?
You know, I've heard that old addage quite a lot lately, so I've decided to take a look at the S%26amp;P500 for the last 10 years on a monthly basis, and it's true about half the time. See my chart at the link below...





The vertical magenta lines are for the month of May.


///';Sell in may and go away'; will be a good advice for this year?
This can't be true. If every investor believes in this method, then every stock should go to zero in May since every one is a seller and there is no buyer out there.





If everyone sells in May, then there's going be a few smart people out there that figure it is better to sell in April before the price collapses in May. Then the mass will follow. So a few more smart people will sell out in March and so forth.





On the other hand, if May is when everyone sells out, then May is the perfect month to buy at the very bottom. Hold the stock till next April to make the maxium profit. Then use the profit to buy stocks again in May.
I don't think so.





Stocks are just beginning to reach record highs. It took some time to recover from 911 and we're just catching up.





Asian stocks are especially hot.. They have the 2008 Olympics soon and marketing %26amp; advertising companies are just planning out early strategies to cash in.
For this year, YES. We will have another correction this year, and it will probably be this summer. I'm all in cash except for one stock right now, and I will be out of it by the end of this week. Get in cash, take your profits now.