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re: July 30-31 FOMC Minutes
Posted on 8/21/13 at 1:49 pm to BennyAndTheInkJets
Posted on 8/21/13 at 1:49 pm to BennyAndTheInkJets
Anybody else notice the rally in the stock market as soon as the minutes were released?
The DJ went from 100+ points DOWN to UP 13 points as of now. And it happened within about 15 minutes.
Somebody out there must think the minutes are not favoring imminent "tapering" as much as some people thought from Bernanke's press conference right about the meeting.
The DJ went from 100+ points DOWN to UP 13 points as of now. And it happened within about 15 minutes.
Somebody out there must think the minutes are not favoring imminent "tapering" as much as some people thought from Bernanke's press conference right about the meeting.
1
Posted on 8/21/13 at 1:59 pm to LSURussian
quote:
Somebody out there must think the minutes are not favoring imminent "tapering" as much as some people thought from Bernanke's press conference right about the meeting.
The DJ was down 5% from its 8/2 high. Could just be a bounce before more correction. I'd love to see DJ 14,000 in the next month or so to do some buying.
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