For me, the RumWave chart acts as a tie breaker when different sources of information are contradictory. Every night I read a blog I consider to be bullish in nature and a blog that I consider to be bearish in nature. Often they both bring up valid points, and sometimes they are things I hadn't noticed or thought of. In this case, the bears are supported by my RumWave model.
As a final thought, the major averages are up about 3% for the first half of Jan. Its a great start, but a pullback is necessary. After all, if we continued this pace for the rest of the year, the major averages would be up around 72%, which is just not realistic.
TSP: G fund
IRA / 401k: Low risk funds
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