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    Posted December 20, 2011 by
    ronjaenisch
     
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    Stocks May give many a Happy New Year

    By ronjaenisch  |  Posted December 20, 2011  
     
    When stocks made the lows yesterday they reversed at an ore point, which is not unusual. What is very different this time is that the daily pattern is one that often occurs prior to the end of a very long sideways move. If the market follows through and goes up above the recent weeks highs a strong showing for stocks in the month of January will be seen as a good sign by many investors.

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