re: Stock plays in Response to Market Mediocrity

quote:

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I think he will hint at it but I don't think the market will like his response. Most likely the market's will be up huge in the hours leading up to his speech.... so from 9:30 am to 10 expect triple digits and then for it calm a bit as the market hangs on his every word and anything that sounds like a dove.

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So as I predicted the markets were up triple digits up to Bernanke's speech and he did not admit a new QE program (but had hints of doves as I suggested) and for w/e reason precious metals took it in the shorts although the market has calmed a bit from its session highs, to up double digits.

I expect Big Ben to come in sometime between June 16-21 and give some sort of explicit monetary easing extension. I will discuss more when I have more to tell.