The Bears Get Fed

Ben Bernanke said pretty much everything the bulls wanted to hear, but we were set up for a "sell the news" technical move and that is what we got.

There was no mention of tapering, and the FOMC seemed to go out of its way to reassure the market that they were going to stay highly accommodative. The main excuse the bears used for the selling was that the Fed noted that there has been improvement in both employment and housing....1111 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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