The Fed Is Set To Monkey Hammer Markets All Over Again...

FOMC meeting today:

Stocks tanked immediately post FOMC release because the Fed just re-located the fake-believe economy. But then Skynet squeezed volatility to monetize the weak handed shorts ahead of the collapse...

"That was fun. Let's try this all over again..."
10 months to nowhere:

-20 S&P points in 1 millisecond all from this:
"In determining how longwhether it will be appropriate to maintain thisraise the target range at its next meeting, the Committee will assess progress--both realized and expected--toward its objectives of maximum employment and 2 percent inflation." 

This line from September that led to the six week Commodity/EM rally, has now been removed:
"Recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term"

Parsing meaningless gibberish, and the countdown is re-started. In other words, shorts covered and Emerging Markets/Commodities rallied for six weeks straight for absolutely no reason...

What could go wrong?

Fed policy explained (Via ZeroHedge):