The Fed, instead of the expected bond tapering of
Post# of 8054
money pumping schemes are good for commodities so iron miners rose also
as a value investor who depends on logic I've seen very little logic in the market- the only predictable thing is a toddllers knee jerk overreaction to every little breeze that flows- the market response,as many commentators have noted, as usual is all out of kilter to what 10B/month means in a 16 trillion economy and the big firms w their Cray 4 supercomputers were again ready and willing to fleece retail,which in their very regular manipulation of the markets they always seem to get away with- where is the sec re those big boys continual manipulation-they take all the profit out before retail could even set a trade