Stocks Rally as Dow Rises 33.04, to 2,177.68''The downing of the Libyan planes caused the dollar to rally, and stocks followed,'' said Robert B. Ritter, chief technical analyst at Ladenburg, Thalmann & Company. ''Also, profit taking had dried up, inducing reinvestment, which is typical of this time of year.'' Dollar and Treasury Issues Both the dollar and Treasury issues slipped back later in the day. Trading was light in the currency and credit markets as many market participants were awaiting tomorrow's report on United States employment for December as a sign of the economy's strength and of the Federal Reserve's policy on interest rates. ''This market has failed to succumb to unfavorable economic and monetary news since late August and yesterday's 33-point rally puts greater pressure on fund managers to step up buying in their portfolios,'' Mr. [Eugene E. Peroni] said. ''The first few sessions of the new year should be measured cumulatively, not individually, since seasonal factors often contribute to heightened volatility,'' Mr. Peroni added. He said that the Dow's recovery from Tuesday's 23.93-point decline represented an important reversal.Full Text: New York Times, Jan 5, 1989Forex Signals