A diary of the thought process behind my investment decisions
It is not quite a shocker that the worst Thanksgiving week since 1932 has led to a rebound. I would be surprised if the market did not try to rally some more during the balance of the week. A deep oversold reading such as the one we just had should be good for at least a few days. If European politicians can come up with a more concrete plan that involves the ECB we should see more than just an oversold rally. Have a good night.