OMG !! October : The Month of Market Crashes

<image credit:CNNMoney.com> Do some months have significantly different stock market returns than others? I am not so sure, but many investors believe that October will be the bad month for stock markets and January will be better with higher than average return. Is it true that we can time the market base on calendar months like “ Sell in May and go away “, buy-in December for Santa Claus Rally “ and J anuary Effect etc… which sometimes may refer to as “ Calendar Effect”. (link)