Will Stocks Christmas Rally For 2011?

Thus far in 2011 the overall stock market movement has been much different from what we had in 2010. This year we have seen nothing but sideways to lower prices with wild price swings on a day to day basis. There just has not been any really solid trends to take advantage of this year. Instead we had to actively trade the oversold dips and sell into the overbought rallies to just pull money out of the market on a monthly basis. Last year we saw 3 major rallies that lasted several months making it easy for anyone who bought into the trend to make money if managed properly

Base on the history of S&P share market, now the market is in oversold and in compare, the market will rebound and move sideways till the end of the year, howeverit may depending how things unfold in Europe in coming week.

Back home, Malaysia share market may follow most of Asia share market but the positive point is GE13 will likely at Jan during CNY, base on this any good news from US and Europe will help to push KLCI index fly sky high above 1,530 level.