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After suffering throught a dismal year in 2011, stock market investors have decided to see the glass as ‘half full’ rather than ‘half empty’ in the first few weeks of 2012. The result has been the strongest first two weeks for North American stocks in 25 years. The bullish among us will quickly point out that the January barometer is a key indicator for the year ahead, particularly the first 5 days, and that the phrase from the Stock Trader’s Almanac is that “so goes January, so goes the rest of the year.” Of course the omnipresent skeptics among us would also quickly point out that 25 years ago was 1987, the year of the stock market crash, when stocks fell over 22% in the U.S. on the 19th of October and the Toronto market also gave up all of their accumulated gains for the year. (more…)