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..."
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