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Somehow this is something new on a daily basis. A new piece of data...

 

"BREAKING NEWS

 

Bernanke says Fed has 'a case for further action' to stimulate economy due to high unemployment and low inflation."

 

The results:

 

"Standard & Poor's Depositary Re (NYSEArca: SPY)

Pre-Market Real-Time: 117.98  0.52 (0.44%) 8:25AM EDT"

 

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Guest broxburnboy

I think this action has been widely anticipated... more QE... and the current rally in stock prices has already discounted this. Wouldn't be surprised to see a

"buy on rumour, sell on news" market reaction... although they need the rally to last util Nov 4.

Cheers

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