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Will Santa Rally end on the plus side?

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Will Santa Rally (still 2 days left) end on the plus side? (So far SPX up 0.29%, avg should 1.6%)

Poll ended at Mon Jan 02, 2012 11:34 pm

Yes, definitely, because the first 2 days of the year are generally bullish!
32
48%
Don't forget what happened in year 2008! Santa Rally will end in red with your tears for sure!
34
52%
 
Total votes: 66
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Cobra
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Will Santa Rally end on the plus side?

Post by Cobra »

First, let's define the Santa Rally again, according to Stock Trader's Almanac, 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.

Well, so far the Santa Rally is up from SPX 1254 to 1257.60, total 3.6 points around 0.29%. The average gains for Santa Rally from 1969 was 1.6%. My question is, since there're still 2 more days to go, will the Santa Rally eventually end on the plus side?
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sahand
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Joined: Thu Aug 11, 2011 10:51 pm

Re: Will Santa Rally end on the plus side?

Post by sahand »

yes
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Buckethead
Posts: 141
Joined: Fri Oct 28, 2011 10:48 am

Re: Will Santa Rally end on the plus side?

Post by Buckethead »

2012 is when the aliens arrive
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KeiZai
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Location: EUROPE

Re: Will Santa Rally end on the plus side?

Post by KeiZai »

Buckethead wrote:2012 is when the aliens arrive
yes and they will bail out us :D

BTW HAPPY NEW YEAR and big thanks to all of you for your hard work (special thanks to COBRA for this great site)

Have a good1!!!
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
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Cobra
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Re: Will Santa Rally end on the plus side?

Post by Cobra »

KeiZai wrote:
Buckethead wrote:2012 is when the aliens arrive
yes and they will bail out us :D

BTW HAPPY NEW YEAR and big thanks to all of you for your hard work (special thanks to COBRA for this great site)

Have a good1!!!
Thanks and welcome aboard!

You too have a wonderful new year! :lol:

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