ETF Prophet

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Mr. Ice

The AFC pulled off an upset in this year’s SuperBowl.  Does that mean we get a 6-8pt intraday pullback soon?  As we have learned since 2009, the low volume and low volatility grind up can last a long time once it gets started.  A strong January is often an auspicious sign for the rest of the year.  Both the DOW and S&P are back to 2007 levels and just a few percent away from a new high.  At the current rate we are set to eclipse the 2007 high this year.

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