Santa Claus rally? Bah humbug…

Posted on Dec 26, 2017 by in Letters

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=6&dy=0&id=p58348629240

Hello Rudolph.  We're in a bull markeet.  Look at that wave.

Myth sellers were out busily selling the Santa Claus rally.  Why?  Because --because it always happens.  Maybe but what about what the chart says?

http://stockcharts.com/h-sc/ui?s=%24INDU&p=D&yr=0&mn=6&dy=0&id=p47302812113

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