RE: GDPWell, mkt did sell off today so imo that confirms rally tomorrow morning on "better than expected" GDP. The media loves to play this game with low expectations, and then mkt rallies on "better than expected". FAS did test $17.42 today.
I also am thinking that this likely means mkt sells off after a very strong morning GDP rally on Bernanke's comments. So I am looking for FAS to test high $18's tomorrow morning, then sell off. Mkt rallies very sharply next week.
SC