So it's over now...

or... "it's only just begun",

That deepens whenever you look at it...

I hope everyone bought all the stocks that made people a lot of money in 2007 and NOT, "I Repeat Myself When Under Stress", NOT, stocks that caused a lot of losses. I'm guessing here again, but,.... You see, even though these loser stocks may seem like a good bargain if they belong to fantastic companies that just happen to be out of favor for all the wrong reasons...which happens all the time and you just have to cut and run...if you accidentally got in before you found out there was no favor to be found...

No, the bargains may not bounce after the new year unless there is a specific kicker to give a boost - everyone who lost their shirt just sold and put tax losses on their books - federally baring them from buying back for 30 days or something like that...this effect will put a bearish dimple in the technical interpretation of the chart pattern following the new year effect which acts like a tag for negative market sentiment - much the same way as a stock split announcement acts like a tag for positive market sentiment when actually there is nothing different at all outside of the affective stock split-price relative terms used to describe the same underlying things...

Conversely I would surmise that people will buy the 2007 stocks that made them money back again in 2008. Especially, fund managers and those who sold in the last few days of the year. This end of year profit taking seems like it would be against the highest percentage winners of the year since selling them can help balance a portfolio with very little trading activity needed - ie. high profit-margin assets - this has a double whammy n'effect - the light share volume needed to raise money (if that's what's needed) doesn't signal bearish indicators to the market starting a crescendo of selling against the underlying or other stocks...which may also be held by a fund...a fund may be trying to make re-balance their allocations, make minor adjustments to their gains/losses for the year, or shift funds/assets to ready them for the 1st trading session of the new year...etc...therefore they might try to raise capital at this point in the year by light selling in their highest profit margin assets...and trying not to start a selling crescendo...

so wondering how apple can sell off all day with no price movement either way....like it did all day today - this probably means the BIGGEST holders are still holding most of their stuff and didn't want their selling to affect their own portfolio holdings...

truly, I have No idea...But...Let's just hope they aren't waiting to take profits right away in the first of the new year...I think appl looks good to 212 with ease even if a pull back is eminent - this is because it's within 5% of the 203.3 boundary which has been technically met with force +-5% at least twice...



Possible GOOD NEWS - PEOPLE MAY WANT TO BUY THESE GOOD STOCKS BACK AS SOON AS THEY CAN -"After New Year BEGINS" - other wise they won't make money in 2008 too :)