Getting the feeling the market doesn't like Ben? His basically stated he will continue to put off any rate cut until things get bad enough...
IMO he's calling our bluff - he wants the market to stabilize on its own. Today is critical for the bulls to pull something together. The market is extremely oversold on a short term basis.
I closed out my positions from last night earlier this morning luckily before his testimony. Unfortunately I'm nursing new positions I reaccumulated during the downturn, albeit at a lower price point - FSLR at 178.83 BIDU at 286.71
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