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Old 12-29-2011, 10:30 PM
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glgene glgene is offline
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Default Santa Rally period, Day 4

Quote:
Originally Posted by glgene;***462
Today (Wed., Day #3) Santa fell out of his sleigh! He fractured a 1.31% loss on the SP 500.
Thursday, Dec. 29:
"Jingle bells, Shotgun shells, Rabbits all the way..."

Santa had his leg checked from his (stock market) fall yesterday. Turns out his mishap from the sleigh caused only a sprain. Santa walked unassisted today with no limp...in fact, he delivered a Day #4, 1.03% gift (SPY increase) to believers in the 7-day Santa rally period. No guarantees, of course.

SP 500 ETF proxy: SPY
------------------------
Day 1, 12/23..: +0.89%
Day 2, 12/27..: +0.08%
Day 3, 12/28..: (-1.31%)
Day 4, 12/29..: +1.03%
Day 5, 12/30..:
Day 6, Jan. 3..:
Day 7, Jan. 4..:

Gene