Tuesday did what Tuesday does…..put a kabash on Monday’s enthusiasm. And although the day started much deeper in the hole, it ended at breakeven, a doji day. Oh yeah, let’s not forget on lower volume. If we copy the action of the last 2 weeks, we should continue down. But, this is a holiday week, a seasonal up week. All the “retail” traders will want to buy while on vacation from the day job, while the pros are off work eating, drinking and being merry. 
Tomorrow is a heavy day for economic news: Personal Income & Spending, Durable Goods Orders, Initial & Continuing Claims, Michigan Sentiment, New Home Sales and Crude Inventories. All that news with little volume may make for some crazy moves.
And on a lighter note, over the holiday weekend, there are a few things you can say in mixed company and you won’t get slapped:
- I prefer breasts to legs
- Smother the butter all over the breasts!
- It’s a little dry; do you still want to eat it?
- Don’t play with your meat.
- Stuff it up between the legs as far as it will go.
- I didn’t expect everyone to come at the same time!
- How long will it take after you put it in?
- You’ll know it’s ready when it pops up.
- I do like a good stuffing.
Have a Happy Thanksgiving!
Quickly reversing later in the afternoon for another 6 points going short. Although profitable, it was another boring day in the marketplace….punctuated with new 52 week highs in many stocks as well as indexes.
