Today the DOW mad ea huge move to the upside after nearly 3 straight weeks of selling off. The market gained 430 points throughout the trading hours.
Investors weren't sure how the markets were going to respond to the FED decision to keep rates at historical lows through 2013. This announcement was made just after 2:30 EST, and you can see on the chart above that the DOW gave back all of its daily gains, and more as it digested the news. Finally at just before 3:00 EST a huge buy trend set in that carried us to the end of the day. In total the DOW closed the day up 430 points.
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