Santa Claus trading rally in Dec 2008?

Is a Santa Claus rally coming in Dec 2008?

  • Yes, onward and upward to maybe S&P 1000

    Votes: 35 38.9%

  • No, not this year

    Votes: 31 34.4%

  • hey rowshan--go lie out in the snow and get trampled by santa's sled

    Votes: 28 31.1%
  • Total voters
    90
Quote from noddyboy:

What elephants? No fund has any money to invest at this point.
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All of the money that are in foreign held reserves and the money that was redeemed by institutions that were in hedge funds and other equities that are now sitting in 2% Treasuries and 1% money funds. They will be moving out over the next several months, since 2% is untenable. The pile of money is huge. There are mutuals that also went to cash, to preserve some part of their staple and will be slowly going back in. Public will follow, but probably six months too late.

I do not think the market will reach new highs, or anything close to it, but I good decent 50% will net me much more. I can live with it.
 
Quote from richrf:

All of the money that are in foreign held reserves and the money that was redeemed by institutions that were in hedge funds and other equities that are now sitting in 2% Treasuries and 1% money funds. They will be moving out over the next several months, since 2% is untenable. The pile of money is huge. There are mutuals that also went to cash, to preserve some part of their staple and will be slowly going back in. Public will follow, but probably six months too late.

I do not think the market will reach new highs, or anything close to it, but I good decent 50% will net me much more. I can live with it.
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Request for redemptions are in, but they don't get the cash till Jan 1st.
 
Quote from noddyboy:

Request for redemptions are in, but they don't get the cash till Jan 1st.
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But the hedge funds had to put it aside. It is just waiting to be re-invested. So, I'll get it on the upside.
 
Quote from Ivanovich:

But I voted option
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I have another stalker!

You join the long list of incessantly jealous peons like cutten, oldtrader, traderzones, landis etc etc who follow me around ET like a sick puppy.

You can now hang your head in shame (if that's possible).
 
Quote from B. Rowshan:

I have another stalker!

You join the long list of incessantly jealous peons like cutten, oldtrader, traderzones, landis etc etc who follow me around ET like a sick puppy.

You can now hang your head in shame (if that's possible).
More...


Dude you have been here two months, stalking get real.
 
would love a tighter trading range. some calm days with less movement and the vix dropping below 50. don't know if we'll get it
 
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