In This Issue:
Trading places - Gold and the dollar make the switch
Carry trades in trouble?
Baltic Dry Index showing weakness
Global Stock Markets Challenged
This month's newsletter will be shorter than usual as it is
a time of the year that many traders take holidays and volumes are lower than
However, there is one annual event worth mentioning. It's
coming on Christmas and the much hoped for Santa Claus rally is due - one
that has been good for an average 1.4% gain during the period of the last five
days of the year and first two of the New Year since 1969 according to the
Stock Trader's Almanac. But if it fails to appear, watch out. History has not
been kind to stocks in the years following a Santa Claus rally miss.