ES Journal - 2012

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so tell me fundamentalists:

the fed's ZIRP extension is bullish as normal, or is it bearish because it's been instituted for so long without significant economic recovery that it's seen as a bad thing?
 
market seems bearish to me, because it hasn't gone up 10 points on this news. maybe we will see some bears reappearing later today or if not today then tomorrow.
 
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