Duck Bernancke

The bear's life is one of ducking financial stimulus news from various sources. Bernancke, known as Mr. Accommodation, told the traders today he might release the rate bomb at any time. Now the bear has enough to deal with when illiquid rallies continually harrass, but the deafening sound of the whining of Wall Street affects the bear's position the most. The Fed hears these noises and worries it has not figured out the proper remedy for all that ails the US financial markets. So now the Fed has decided to reveal ahead of time it's intentions to reduce, probably by one half in January, and continue to use other influences if needed. This action puts the pressure on the bulls to perform and to avoid the resulting fear that may occur should any sharp sell-off reveal some exceptional underlying weakness. The bears will have to gather in the corner of the room and rush the market if opportunities present themselves, otherwise, keep ducking.