NYSE: FED launches another QE 'round'.

NYSE Daily Close @ 12/12/12

'Buy the rumor, Sell the fact?'.....FED weighs in with another round of QE; to what effect as @ the marginally 'diminishing returns' are more than evident in the economic stats?
At the very least a 'pause' to reflect should be in order with move back to 8200; a simple 38% retrace of the gains since mid- November.