A Market Without a Memory

All year, the toughest bet to make in this market was to anticipate that it would build on weakness Profit-taking and technical breakdowns were completely forgotten by the next day, and before you knew it, the market was right back to pushing higher without a worry in the world.

And maybe there isn't a worry in the world right now. Fed chief Ben Bernanke reassured us once again that the Fed is going to continue being accommodative and supportive, and given how this market has acted for so long, who in their right mind is going to doubt him?...1168 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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