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The Quant View: Anticipating Black Friday

BY DAVID BROWN | NOVEMBER 23, 2009 | 8:18 PM | 0 COMMENTS

I rather expected the market to be somewhat slow this week, waiting to see what would happen on Black Friday (traditionally initiating the period when retailers go from posting a loss to turning a profit). Instead, the market rose rapidly this morning, up nearly 2% in the first couple of hours. It later tailed off a bit but still closed as a very good day.

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