IS APRIL THE CRUELEST MONTH t.s.elliot?

According to Barron's magazine, a year ago analysts estimated Q1 of 2012 would be 16%; revised estimates are .7 to 3.1%. And the ratio of earnings pronouncements at 3:1 is the highest since Q1 of 2009 - and we know what happened in March. Transports, the Dow Theory benchmark, was only up 5% last Q, but it is opined that Coal was the reason.
As for the Sentiment Indicators, the Insider Selling to Buying ratio keeps increasing ( but it did that in Q2 of 2009 - the start of the Bull market). Last week was 89:1. Money is flowing out of MMFs at an increasing rate, but mostly going into Bond funds, with equity ETFs increasing slightly.
Large traders, from the Commitment of Traders table, have reversed their multi-month position and are now long the S&P futures, while Small traders are now short. Complacency rules in the newsletter surveys, but toppiness is seen in the McClellan Oscillator and the Bullish % remains high (overbot).
Be sure to check out my new Examiner.com for local events and stock market news.
Here are the numbers:

Date>		3/30/2012	3/22/2012
Indices:	DJIA	13212	13080
	NAZ	3091	3067
	SPX	1408	1397
NASD/NYSE	WklyVolume (Bshs).	8.5/4.1	7.5/3.7
nasd/nyse	Specul.Ratio hi=bullish	2.07	2.03
Sentiment:	put/call-CBOE	66	57
Barron's	VIX>50-alltmlow=8.8	15.5	14.8
	Advance/Dec-NYSE..	1723/1443	1393/1765
	Weekly Net:	280	-372
	Cumulative:	133705	133425
Weekly	NYSE hi/low	320/61	235/40
New Hi's/Low's	Nasdaq h/l	351/57	293/58
McClellan	Oscillator	40	38
McClellan Sum	.+750/-1000	664	765
Newsletter	Inv.Intel -Bull:tues	50.1	48.4
Surveys	Bear:-5yrs	22.6	23.6
	AAII  -Bull :wed.	42.5	42.4
	Bear	25.5	27.8
COT:Change w/w	large/small (net)k	5/(2)	10/(4)
CEOinsider	selling	89:1	83:1
BalticDryIndex	GlobalEcon	930	874
3-box rev	Bullish%-	83	83
US equity -ICI	Fund Flows	1 wk lag	(1.8B)
MMF flows	Change in $B	(17.2B)	(15.5B)
MargDebt- top (300M)	monthly FEB..	289B
ETF:Eqty/Int'l/Bond	million$$ FEB..	691/291/200
2-yr Tsy Yield: Inflation		0.34%	0.37%
Euro futures	1 yr.offset-CommHedg			5	4.9

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IS APRIL THE CRUELEST MONTH t.s.elliot?