FED announces slight taper of bond purchases in January

From $85 BILLION to $75 BILLION per month

So now we have the talking heads on CNBC telling everyone Ben Bernanke is a hero and all manner of fund managers are interviewed with their LONG AND STRONG attitudes toward equities and the stock market indices hit record highs as the DJIA soars above 16,000 again. 
http://www.marketwatch.com/story/us-stocks-up-on-strong-housing-data-2013-12-18?dist=afterbell 

Watch the full Federal Reserve Press Conference with Ben Bernanke:

So what does this all mean?  Well quite frankly I don't really know.  But I'll leave that up to all the YOU TUBE ANAL-ysts below as usual. :-)

Taco's Take on the FED announcement:

I actually like to hear what Tacos has to say here:
 

And let's hear what all the ANAL-ysts have to say about it:

The Aussies...

 

Gregory Mannarino was 95% wrong...



The Ben Bernanke miracle and the new BULL RUN...



Jim Comiskey...



The X22 REPORT:



...developing...