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Pastimes : Santa Rally?

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To: Ann Corrigan who wrote (2)9/25/2003 12:02:44 AM
From: Jane4IceCream  Read Replies (1) of 13
 
I honestly cant see a Santa rallye this year. The markets are due for a correction. The dollar keeps falling and the Feds keep injecting. The real estate bubble is slowly starting to burst. Its a stockpickers market. Alot of whipsaw (and sometimes cole slaw). Add the traditional tax selling and shifting out of portfolios and I think the Dow and Nasdaq are headed down sooner than later.

I always start anticipating a January affect in December and had alittle luck year after year through mid January or so with select stocks.

I think the markets are very extended so I think your right BUT who really knows. I'm just rambling...

Jane:-)
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