Bernanke Speaks 1:45 Eastern Time!!

[TradeTheNews]

As expected Bernanke did not address the economy or economic policy. No Q&A session expected

 

[EqtTrdr]

no comments on econ and interest rates

 

[Tums]

that's it? he has finished speaking?

 

[Arnie]

Does this mean..........................


































100% UP ROOM TO GO!!

 

[S2007S]

market did start turning higher....

 

[RiceRocket]

No, bluestreak interprets this as: Bernanke didn't comment on anything because the information he has is so terrible that it could cause a collapse to the world financial system, so he will slowly dribble out the bad news over time and the markets will sell off to below August levels by next week.

 

[S2007S]

market stuck at 12400

 

[Algorithm]

Non event.....

 

[xeelee]

No effect.

 

[syswizard]

Of significance: Small Caps getting crushed....down nearly 2%.
(I know, I know...that's not much, but with the low-vix environment, it's not bad !)