Stock Market Could Be Big Winner in Super Bowl

(MYFOX NATIONAL) – Investors have many ways to predict what the stock market will do -- charts, advisors, instinct and ... the NFL?

When the Indianapolis Colts play the New Orleans Saints in this year's Super Bowl, investors are facing a win-win situation if they believe in the Super Bowl stock indicator, because both teams have a history in the NFL versus the AFL.

According to CNN the Super Bowl stock indicator states: when a team that got its start in the former American Football League wins the Super Bowl, stocks go down; when a team that was part of the old National Football League wins, stocks go up.

The indicator has been correct 81 percent of the time in the last 43 years of Super Bowl play. If the indicator works again this year, the Indianapolis Colts brought good news to investors when they beat the New York Jets Sunday, because the Colts got their start in the old NFL.

The indicator is based on the fact that during the 1960s, there were two pro-leagues in football, the AFL -- American Football League -- and the NFL -- National Football League, according to Answers.com . These two leagues later merged into what is now known as the NFL.

Basing investments on the Super Bowl is superstitious at best, but according to George Kester, a business professor at Washington & Lee University, basing your investment strategy on the Super Bowl definitely can’t hurt.

Kester did a study showing that if you moved your investments into treasury bonds after former teams in the AFL won and back into stocks after teams in the NFL won, your return on investment would have been better than buying and holding in an S&P 500 stock.

The indicator has been wrong eight times.