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This Is Why It Is Called Whipsaw Wednesday

Posted, by inthemoneystocks on July 13th, 2011

Just when you thought it was safe to trade the markets, it reverses lower. This morning, many traders and investors in the financial media were right back into the risk on mode. The popular peoples index, called the Dow Jones Industrial Average, traded higher by 150.00 points at 11:20 am EST. The so called market mavens were celebrating the return of the Federal Reserve Chairman Ben Bernanke in front of the Financial Services Committee. Everything looked so rosy for the markets to have a huge reversal day to the upside.

Authored by, inthemoneystocks
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