Tuesday, November 20, 2012

Market Thoughts

$$ - Here we are in the normally bullish Thanksgiving week, and the market is delivering. Yesterday, the market rallied strong on hopes for a deal on the fiscal cliff. The President and the Republican Congress will most likely make a deal before the end of the year. 

When the market rallies so strongly, one has to worry if it was a one-day wonder or something more significant. Fortunately, the market did not give back the gains today. It was nice to see a pause. Now, in the days ahead, it would be nice to see a strong day on high volume.


Or so, that's what they say.


I remain 100% long and strong, expecting a rally...

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