Markets Play Tricks on Investors

When the Fed announced that they would be ending QE III today, the market should have taken that in stride.  Everyone new that would happen.  They also reaffirmed their posture of keeping interest rates down for a "considerable" period of time.  That too was stale news but you can never count on markets to react predictably.  Stocks initially sold off and the Dow was down around 90 points prior to coming back and closing down just 31.