Here is the deal for the holiday week:
By Daniel at 23 November, 2009, 1:51 am
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Historically, they rally the markets going into the holiday………………..no reason to think this will be any different, especially since they took it down some last week to make room for the rally……..
My dollar will be beatend down again this week, also to make room for the inspiring Thanksgiving rally that will unfold………..they always like to leave the little common people with a good feeling about the market so that they don’t think anything negative during all those days off during the holiday…………….they especially don’t want the little folks fretting over the economy, or being disenchanted at all with the government…………………..so, rally!
The dollar gapped up a few days ago and is yet to fill the gap left below at $75.08………..so there is plenty of room for dollar to be slammed back down, and the stocks to rise,………….oh, and of course, for the CD to rally with our stock market, also……………..I took all but one position off of my CD short so that I can sell them again as we go higher…………
And all the best to you you this week………………..and to me, too………..and to all us little folks……
- fishhook
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