Ive been trading for 11 years and february has always been my favorite month to trade as it seems to separate the men from the boys. Off the top of my head I know 4 of the past 5 years have been bearish in the equity markets, and without looking at any other information I have a feeling its an overall bearish month. anyway, one of the things I've noticed is that major turning points often occur in february. Watch for it! 'markets turn on a dime, most traders cannot' Just a thought.