Twas the Morning Before an FOMC Announcement

Twas the Morning Before an FOMC Announcement, and all through the streets,
The markets were cheery, expecting more Q E.
The time passed quite slowly, with no other news,
We all searched the internet, looking for clues.

Then in the afternoon, the news hit the screen,
The fed said no QE, but low rates until 2013.
Investors panicked, not knowing how to react,
QE3 was dead, and NASDAQ got sacked.

"But wait one minute", Goldman Sachs directed,
"This news is bullish!, and just as expected!"
"The fed won't just let the market destroy,
And there's a range of policy tools it's prepared to employ"

Then just as the Dow hit an intraday low,
Something amazing happened, prices started to grow!
To one percent, two percent, three percent, four!
The S&P 500 continued to soar.

But in the back of the crowd Andy Lee cried "doomsday!"
"We just can't recover, there's too much debt to repay."
But a massive sell off will just have to wait.
Until then, we have a currency to inflate!

Alas,  much hope lies on a meet at Jackson Hole,
But the fed doesn't bring presents, it only brings coal.    
So ready your defenses for a QE assualt,
but know nothing we do can save us from default.  : (