Sell In May

This from Direxion Funds weekly wire entitled "By The Numbers":

SELL IN MAY? - In analyzing the S&P 500 for the years 1996-2008, the 6-months ending on April 30th have beaten the 6-months ending on October 31st in 10 of the 13 years. Collectively, the 6-months ending 4/30 are up +133% (total return) vs. an 11% loss for the 6-months ending 10/31. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the US stock market (source: BTN Research).

*Long ETFs related to the S&P 500.