The Bernarke Effect

I wonder what it would feel like to have markets jump at the sound of your voice. That's the absolute power that Chairman Bernanke has. He said, "there's no material change in our market economy." He also discussed how GDP growth rates are expected to gradually rise, their isn't a lack of liquidity in the market (no duh), and the sub-prime spill over hasn't been dramatic, and probably won't be. As he was talking, the DOW jumped to +100 points. In fact, they are calling today "The Bernanke rally." So tell me, what happens in a very nervous market place, when he says, "well, a recession might be on the horizon," or, "we are worried about inflation."? Crash, bang, boom. That's what will happen. What a joke.