Friday, August 26, 2011

TGIF!

imageThe market is finishing the week with a rally!  Bernanke gave a “let’s wait and see” speech in Jackson Hole.

“The Fed has a range of tools that could be used to provide additional monetary stimulus…  We will continue to consider these and other pertinent issues...at our meeting in September,” Bernanke said.

Nasdaq up almost 2.5% as I type, while the SP500 is up nearly 1.5%.

Party on, Wayne.

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