Here's some "food for thought" for those mulling over the old adage "sell in May", says John Mauldin on Investorsinsight.com. Between 1950 and April 2009, the November-April period has certainly been a better bet than the other six months of the year.
In an average year, the winter has produced a total return of 7.9%, compared with 2.5% for the summer months. But since 1950, US stocks have been through two long-term bull runs (around 1950-1966 and 1982-1999) and two bear markets (1966-1982 and an ongoing one that started in 2000).
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