of note for Friday....

    Posted by marketguy on 23rd of Nov 2011 at 08:40 pm

    http://www.bespokeinvest.com/thinkbig/2011/11/23/worst-thanksgiving-week-ever.html

    Of course they settled at

    Posted by bauer on 24th of Nov 2011 at 11:43 am

    Of course they settled at 1159, down 1...glad this market continues to set records per your post MG

    yes it is, however go

    Posted by matt on 24th of Nov 2011 at 02:58 am

    yes it is, however go back and look at what happened after all most of those bad Thanksgiving weeks, afterwards most of them generally you had an oversold bounce/rally.  I will show this in a newsletter and go over the previous bad thanksgiving weeks and what happened afterward

    Right now the SPX is quite far away even from it's 9 EMA, generally the market only get's so far away before having some sort of revision to the mean.

    which newsletter will that be

    Posted by 8899 on 24th of Nov 2011 at 09:05 pm

    which newsletter will that be matt that you will show how a bounce/rally occurs after a "thanksgiving day massacre"???...thanks

     

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