re: It's Ugly Today Everyone

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The Bernacks needs to come out and give a clearer timeline of what it is he anticipates doing at this point IMO. Not saying he needs to set precise dates, but he basically said nothing that we didn't know and market just went haywire do to same message of what his broad intentions are.the closer we get, the more panic will occur with these overly broad assessments

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I think he gave too firm of a timeline, or that's at least what the market interpreted. I think the Fed is fine right now, looking through the speeches from Fisher and Kocherlakota yesterday coupled with today's action, I don't see Ben coming out with calming speeches anytime soon.