You Heard It Here For Years

Here means here and at Trade-Guild. I've noted and shown charts several times that seemed to indicate smart money knew what the Fed was up to before the Fed released policy statements. Even Bernanke's congressional testimony was a day in which we caught smart money slipping out the back door before  words to the effect of "uncertain economic outlook" slipped out of Bernake's lips.

Now we have THIS (click the link)


This partly explains why smart money's actions seems so at odds with the current sentiment and market conditions.