Stocks Higher After GDP Revision, Bernanke

Stocks traded decidedly higher Friday afternoon with investors sifting for bargains following a less disappointing than expected downward revision to second-quarter gross domestic product and suitably somber comments from Federal Reserve Chairman Ben Bernanke about the nation's economic outlook.

Webmaster's Commentary: 

It doesn't make sense that the market would go higher when both the GDP and Bernanke are saying things are getting worse. "Bargain hunting" doesn't make sense. You don't buy a turd just because it is on sale. The DOW is being rigged to prop it up above 10,000 for political reasons.

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