“Sell the bounce” is never a good strategy because of the first word.
“Buy on the dips” is a good strategy only because of the first word.
Trying to wait until market conditions are perfect likely means you will miss a good investing opportunity.
When the markets are volatile, the bonus on account of rebalancing is greater.
When the saying first circulated, May was flat. Since 1987, however, May has done phenomenally well, averaging 2.11%.
Market timing is the attempt to switch a significant portion of your assets between different types of investments in an effort to maximize profits. If this is your investment strategy, good luck, because you’ll need it.