the history of thanksgiving week

Discussion in 'Trading' started by rowenwood, Nov 24, 2003.

  1. The history of Thanksgiving by Victor Niederhoffer.

    Give thanks for the freedom to profit
    http://moneycentral.msn.com/content/P34318.asp

    Like today’s technology ventures, New World colonies were risky propositions with a history of terrible failures. The Plymouth colony’s angel, a joint stockholding venture called the Virginia Company, tried to protect itself by insisting that all produce be held in common, to make collecting what the settlers owed easier. But when the 41 families of the Mayflower arrived at Plymouth in December 1620, few things went right. Food was distributed according to need, but the first winter killed half the people. That year’s harvest and the next didn’t last the winter. Some settlers stole from others at night. Things seemed hopeless. Here, with modern spelling, is the account by William Bradford, governor of Plymouth almost continuously from 1621 through his death in 1657, of what happened next:

    "It well appeared that famine must still ensue the next year also, if not in some way prevented. At length, after much debate, the governor gave way that they should set corn every man for his own particular, and in that regard trust to themselves. And so he assigned every family a parcel of land, according to the proportion of their number. This had very good success, for it made all hands very industrious, so as much more corn was planted than otherwise would have been."


    The important thing, however, is how Plymouth came to prosper -- by converting communal property into private property.
     
    #11     Nov 24, 2003
  2. It has nothing to do with which week is this. Look at this magnificant long term bullish trend. The common sense is that moving Tantanic takes time, turning out a long time enough for a 100% up room to go. Go with it or not is your choice.

    :p
     
    #12     Nov 24, 2003
  3. #13     Nov 24, 2003
  4. volente_00

    volente_00

    glad i could help
     
    #14     Nov 24, 2003
  5. "Thanksgiving Holiday week trading is one of the strongest upside market traditions in the past 50 years of market history. It is typically for the week to begin strong, trail off a bit on Tuesday, and closing strong on Wednesday. Friday is typically the lowest volume day of the year and the formal kick-off of the holiday shopping season. Friday typically closes at the high of the week. This sentiment factor has only been offset when there has been an exogenous market event during the week. Be particularly attentive this week for such an event. Ramada is ending and the US holiday season is beginning."

    From

    http://www.undergroundtrader.com/ral/
     
    #15     Nov 25, 2003