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.
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.