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Thursday, December 29, 2011

Window Dressing Time

Back from holiday....!

Traditionally, the STI will stage a mini rally from December 30 ( window dressing ) to around January 5. This has been the case for 2009 and 2010. I suspect this year will be of no exception. 

The first 5~6 days in January is going to be very crucial  based on the maxim "As January goes, so goes the year". 

[Update] There was no window dressing this year end. STI dropped 26 points on the last trading day. So window dressing is not a must to occur. -- Updated on January 3, 2012