Nikkei Opens Lower On Wednesday

Today the market started to tumble after the revised GDP numbers for the third quarter came out, 2.8% growth in the third quarter. The stimulus money couldn't break 3.

Then the Fed came out with a statement that they are bullish on the economy. Consequently the market went sideways though slightly tilted downward, with the DOW closed down 17 points.

Translation: Let's let people enjoy Thanksgiving without a whole lot of worry about the market.

Reuters: Nikkei edges down in choppy trade, JAL higher

"Basically we're seeing short-covering after a number of technical signs showing that the Nikkei was oversold, with some speculative buying of futures as well..."