Stocks: Worst Thanksgiving Drop Since 1932

[THE-BEAKER]

so much for what was a traditional easy stock play.

looks like the end of year rally is out the window as well.

oh well if you read zero hedge you might have made some money rather

been long stocks on the cnbc bullshit long plays.

http://www.bloomberg.com/news/2011-...-500-index-is-poised-for-seven-day-slump.html

 

[murray t turtle]

Quote from THE-BEAKER:

so much for what was a traditional easy stock play.

looks like the end of year rally is out the window as well...

http://www.bloomberg.com/news/2011-...-500-index-is-poised-for-seven-day-slump.html

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Well SPY is up a few cents on the gap, 1 year candlechart.But monday close was down on 1 year candlecharts


But AUG, SEPT,OCT, NOV are so much time below 200dma, 50 day moving average;
a small countertrend rally could be possible on lower buy volume