is the party over?

I know some have put posts up talking about "sell in May and go away" IMO I think its going to be sell in April and go away....

Key factors that will drive U.S & European markets down IMO..

1- Federal reserve not likely to do another stimulus anytime soon and markets were betting there were going too..

2- Business contracts even further in Europe all but confirming a recession.Which we be a long and deep one IMO

3- Poor Spanish bond auction last night has re-ignited fears and euro-zone debt issues..

4- China growth slowly more than expected...

5- Dow jones looking very tired and these current levels a correction will be much sooner than later IMO..

It is all of the above that has led me too lock in profits and stay at cash... No hurry for me to take positions at present..