Replies to post #46 on The Stock Trader's Almanac

[Stock]

...Over the years we have documented the bullish tendency for the market to rally over this short yearend/New Year period. When it fails to materialize it is usually a sign of trouble ahead for the market. This inspired Yale Hirsch to coin the phrase that if "Santa Claus Should Fail To Call, Bears May Come to Broad & Wall..."

...In 2007-2008 SCR was down -2.5% and we had the fifth worst Bear Market on record...

I noticed that Hirsch has a blog now.

http://stocktradersblog.blogspot.com/

So, the Santa Claus Rally is not a bearish omen -- in fact, it's a bullish precursor in "normal" years.

May we have a normal year!