April. Bull or Bear?

It had been a good March for stock market. Personally, i think that April is going to be even better. There reasons are as below:

• April is traditionally the most bullish month of any year
• First day of April was up 12 out of the last 15
• April has one of the best opening weeks of any month
• The last Monday of April tends to be the most bearish of the month
• Expiration Friday in April has been up 11 out of the last 13
• April of 1999 was the first and only month that DOW gained 1,000 points in a month
• April has one trading holiday on Good Friday, 2 April.
• April ends the “Best six months” on the DOW and S&P500.

But there is still a thing that really concerns me which is the thin volume during the last few trading days of March. The trading volume was thinning since the last 5 days even though the market was advancing. In fact,  KLCI, on 2 April 2010, reached a new high since the financial crisis.  Mostly when the market advances, the volume would, at the same, increases too. But this was not the case. If the trading volume keep on declining, i think i would prefer to keep more cash and prepare for the market to consolidate.

Good luck.

GOon