sp'60min
Summary
Well, the FOMC meeting begins today, with the annoucement tomorrow at 2pm.
No doubt, the only thing that Mr Market really cares about is a continuation of the 'benny bux' at $85bn a month. Considering next week is Christmas, and Bernanke is half way to the exit door, it simply makes no sense for any policy change until next spring.
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early movers: FB +$1 into the $54s - challenging the Oct' high
9.42am.. market testing old resistance...1782.... if bulls fail to hold it..could get interesting.