Fed Leaves Interest Rates Unchanged

June 24th, 2009

Big deal honestly. I mean who really thought they would increase them right? Following this morning’s move higher, we are now sitting right at support around 905 on the S&P 500. Ironically enough this is the level that I had mentioned time and again as the next rally point. If we break below this level it’s back to 890 in a hurry – mark my words.

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Fed Leaves Interest Rates Unchanged