December 22, 2008 at 10:30 AM EST
Jeff Saut: Short-Term Uptrend for S&P 500
Editor's Note: The following article was written by Raymond James Chief Investment Strategist Jeff Saut. It has been reproduced with permission for the benefit of the Minyanville community. Winter officially began yesterday morning with the arrival of the winter solstice. Recall that solstice means “standing-still sun;” and on December 21st at 7:04 a.m. (EST) the sun “stood still” over the southern Pacific Ocean (Tropic of Capricorn). At that time the sun’s rays were directly overhead giving the impression that the sun was truly standing still. No one is quite certain how long ago humans began heralding the solstice as ...
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