Post-Thanksgiving Gut Punch

Posted by on December 1st, 2008 at 04:38pm

Supasister wrote an interesting post today on
Here’s a quick excerpt
Last week’s rally seems like a distant — though fondly remembered — memory after today’s market decline.  David Gaffen at the Wall Street Journal’s MarketBeat Blog aptly called it a gut punch: Four at four: Post-Thanksgiving Gut Punch (MarketBeat Blog, December 1, 2008, David Gaffen)  Can the market walk this one off? A pullback had to be expected after the S&P gained 19% in a brief five-session flurry beginning November 21, but this is more than was requested, and suggests, again, that i

Read the rest of this great post here

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