The Fed Delivers
The Fed delivered the QE3 that market players were hoping for and it's been a one-way move up since. Usually, there is a whipsaw or two, but it is all buyers so far.
As I've been discussing lately, the tendency of this market recently is to buy the rumor and to buy the news. We do not see the "sell the news" reaction that the bears keep betting on. Even the poor underinvested bulls keep hoping for some weakness so they will have some better entries, but it's not happening....79 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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