As a stockbroker years ago, I remember telling my clients to “sell in May and go away”. That got me thinking about the current market condition. I imagine that some nervous investors (or short-term traders) may start to do some selling in an anticipation of a possible May pullback. That’s exactly what happened last May. Adding to those concerns is that fact that the market is in a short-term overbought condition. This afternoon while I was writing this post, the market sold off 100 points. I had to smile as [...]