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Markets Down Ahead of FOMC

Posted, by Smart Trader on August 1st, 2012

Initiating new positions would not be a wise thing to do tomorrow with the FOMC statement coming out tomorrow anything could happen.  The market has reacted to some policy statements with indifferenc, but with QE3 on the mind of the Fed and the markets its 50/50 how things will play out.

Authored by, Smart Trader
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