RE:RE:RE:RE:RE:RE:RE:RE:RE:Nice Close This by definition is a Santa Claus rally. Santa Claus rally is a surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. In anticipation of the January effect.The January effect is a seasonal increase in stock prices during the month ofJanuary. Analysts generally attribute this rally to an increase in buying, which follows the drop in price that typically happens in December when investors, engaging in tax-loss harvesting to offset realized capital gains, prompt a sell-off. Also while new tax shelter space is opened up going into the new year. On to 3$?