Stock_dct:
We all know you are one to post mostly negatives, while trying to 2% hedge yourself positive from time to time.
Remember in Dec., when repeatedly, time after time after time after time(get the picture), you posted that everyone is selling for tax-loss purposes.
OK, let's say that you were right. Then wouldn't it stand to reason that, positively, in Jan., these same people who sold for tax-loss purposes, and have waited out their tax-loss waiting period, are now buying, because they don't want to miss out on a sure thing.
Please mention this a dozen times positively as you have mentioned tax-loss selling negatively in DEC.. Otherwise, you were either wrong then, or a hypocrit now.