nah Bubble ben bernanke is messing up todays rally, without him on capitol hill this morning the markets would be up 1%++ Once his Q&A is over the market will resume its rally!!! All his aahhhhh and ummmms are getting people nervous, sounds like he has no clue whats going on, all he knows is that he is creating major asset bubbles!!!
Bubble ben bernanke is done taking questions on capitol hill so it should be interesting to see where the markets go from here into the close, as soon as he was done the markets did fall to intraday lows but over the last 5 minutes have staged somewhat of a comeback!!!! Day is still not over, markets should be able to turn into the green and keep the trend going.
First of the month fail.... Maybe Bernanke couldn't man the money machine while being on the hot seat... He should be back at his post by 5 tonight and he can continue his printing and buying operation.....ha
S&P is down 1.3% for the day at the moment. Here is a good prediction -- the market will always do the opposite of what "elite" traders predict.