Friday, September 14, 2012

Don't Fight the Fed

Don't fight the Fed"
 
That's the message from the market in the wake of Thursday's blockbuster announcement of open-ended QE from the central bank.

After surging Thursday, major averages were rallying further Friday. In recent trading, the Dow (DJI) was up 0.5%, pushing further into multi-year-high territory.

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