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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: stockman_scott who wrote (211060)12/22/2002 9:33:05 AM
From: DebtBomb   of 436258
 
You Better Not Cry: Santa Rally Unlikely

Santa Claus tends to visit Wall Street almost every year, bringing a short but respectable rally in the last five days of the year and the first two in January, said Hirsch. The so-called "Santa Claus rally" has been good for an average 1.7 percent gain since 1969, or 1.5 percent since 1950.

Many investors, though, doubt that such a rally will occur this year.

biz.yahoo.com
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