Which Way Wednesday – Fed Edition
March 19, 2014 at 09:59 AM EDT
The last Fed statement came out on January 29th and, as you can see from Dave Fry's Dow chart on the right from Feb 3rd, it was not INITIALLY well-received. We had already been heading lower into the announcement and we fell another 400 Dow points in the next 3 sessions (see our February Trade Review for details).