If we look at the following scenario:
*Thanks Giving day Holiday;
*Short hop to Christmass;
*Fed throwing maney at anything and everything;
*Probably confirmation from Fed / Congress of a bailout plan for the automakers;
*Obam's inauguration on Jan 21st (?);
A nice sequential progression.
I'd put money into a rally durinh this period, and sell out in second week of Jan.
Anyone like to do some TA on the DOW for this period?
Cheers Skip.
If we look at the following scenario:*Thanks Giving day...
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