Barry Ritholtz on Yahoo Tech Ticker November 09: A Bad Economy Could Spell Good News on Wall Street for Years to Come
By Trader Mark
25 November 2009 @ 02:10 pm EDT
It has been a very typical Thanksgiving week thus far; remember the winning percentage on Wed & Fri around Thanksgiving Thursday is over 80% since 1950. So the indexes have been up each day this week, and speculative fervor has hit pockets of the small cap, speculative universe. It's textbook action. All the computers are waiting on for now, is that break over S&P 1112-1113 so we can all pile in like lemmings for the next leg up.
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