Vanilla XJO Thread, page-7

I can hear the sound of "Jingle Bells" coming from the bear thread. After USA markets tanked last night as a result of the FOMC's forward guidance, the XJO is a sea of red today. This means that either the Santa rally doesn't begin until tomorrow, or this could be the start (or middle) of a correction that could see the XJO fall much more. I think that the former is more likely, because DJIA and XJO had already fallen significantly in anticipation of the FOMC's pronouncements that were widely expected. Scooped up a few bargains this morning in the hope that the Boxing Day sales are early this year.