Think about it this way: If the sellers come out en masse due to the calendar striking May, prices may just fall (in theory at least). That's short-term thinking and for those of us with a longer time horizon in mind it can spell opportunity.
Sell in May assumes that you can't pick stocks. I can. If you are hanging around here then you can too. So don't be scared to actually buy in May for a change. Given the fact that free money is going to be the name of the game for some time to come, I'm skeptical that we'll see sell in May take hold this year. The stock market is where it's at, period. Of course that can all change with one press release. But there's not much anyone can do about that. You can't win if you don't play. We'll probably see some stocks get hit for one reason or another though. And while earnings season just wrapped up, it's just three short months around the corner from hitting us again. So make sure you have your watch list ready. I'm gonna start throwing some ideas down over in "Stocks That Make Money" just to make sure I don't sleep on it.