Friday, November 26, 2010

Stock Market: Thanksgiving Week Sucks!

Time to update the Stock Traders Almanac. Thanksgiving week sucks. Send Jeff Hirsch a memo.

Was it North Korea?
Was it Chinese inflation?
Was it Ireland or Portugal?
Was it record low temperatures?
Was it those morons waiting in line all week for Black Friday sales?
Was it a stiff elbow to President Obama's head?

Was it something I said?

Well, just like last year, the day after Thanksgiving was a sell off. On very light volume, but it all counts.

Next week comes the end of month and new month strength. Don't tell me that's a Fail, too!

History doesn't often repeat itself, and sometimes it doesn't even rhyme!

It isn't the end of the world. Tomorrow is another day.
At the local Indian casino. Playing the slots. Max coins. Gimme the progressive, baby!

Picture is a "Korean Race Queen.". LOL

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