Lets face it SG, Fed never said in exact words they were going to do SepTaper, the markets double guessed at their own peril.
Personally I think it is stupid how the Fed let the whole thing act out. No taper but bond/mortgage interest rate is new heights, all pain no gain strategy. In my opinion the Fed should have taken the hard decision and end this fiasco of QE.
I am going to enjoy that price rise this morning, hope you get out of your short in time :)
NCM Price at posting:
$11.98 Sentiment: LT Buy Disclosure: Held