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November 20, 2011

The Un-Holiday

Thanksgiving week is usually a calm, uneventful week for us traders as we kick back, eat heartily, raid our wine cellars, and generally allow our minds to relax and reset during the most festive holiday in the United States. Not this year. We enter this holiday week with asset prices in decline. Stocks and precious metals took big hits last week, and while both are within their timing bands for daily cycle lows, they are both also ...

 

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