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To: RetiredNow who wrote (74801)1/4/2008 1:06:15 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 77397
 
I think the january effect and santa claus rally were consumer driven anomailes having to do with individuals loading up their 401Ks on the start of a new year during a bull market.

Now that we are in a secular bear, this doesn't happen anymore and there really isn't any driver for stocks to rally in Jan. Jan has been bad for a while, but this is a really bad year.