Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
This is very much like the fiscal cliff environment where one politico comes out and says one thing, and market rallies, and then another politico says something opposite an hour or day later and the market falls. Except this time its news agencies. What Hilsenrath giveth, the FT is taking away this afternoon. And with that the breakout that looked just fine 30 minutes ago is severely threatened.
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