AI
Thursday, December 27, 2007 4:03:52 PM
Charting the "Santa Claus Rally"
"Santa Claus tends to come to Wall Street nearly every year, bringing a short, sweet, respectable rally within the last five days of the year and the first two in January."
Average gain 1.6% since 1969
Average gain 1.5% since 1950.
Page 112 of The Stock Trader's Almanac
The Almanac also says:
"If Santa Claus should fail to call,
The bears may come to Broad & Wall"
Last five days of the year plus the first two in January (charts will build):
"Santa Claus tends to come to Wall Street nearly every year, bringing a short, sweet, respectable rally within the last five days of the year and the first two in January."
Average gain 1.6% since 1969
Average gain 1.5% since 1950.
Page 112 of The Stock Trader's Almanac
The Almanac also says:
"If Santa Claus should fail to call,
The bears may come to Broad & Wall"
Last five days of the year plus the first two in January (charts will build):
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