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Aug 31 2011

Like Moths to Flame: Bulls Bet on More Fed Action

Posted by: yahootechticker in Yahoo Tech Ticker

Despite all the talk about how the Fed is “out of bullets” and how QE2 failed, traders are still conditioned to view monetary stimulus as being bullish for stocks. Take Tuesday for example: Hurt early by more weak economic data, the stock market recovered on hopes for more action by the central bank. After rallying [...]

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This entry was posted on Wednesday, August 31st, 2011 at 7:04 am and is filed under Yahoo Tech Ticker. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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