Uncle Ben Bernanke soothed the markets enough to allow the Dow to reach the 11,000 mark. He did this during a speech to the Economic Club of Chicago.- Read Article

Earlier today I said;

"After a nice oversold bounce off the 10,700 low, the Dow seems to be slowing down as it gets closer to the 11,000 mark. I would like to see the index break above 11,000 prior to the June 29th Fed meeting, but investors will need to hear some good inflation news in order for this to happen."

Well the market received some decent news since Bernanke was not as sharp tongued about the inflation problem as he was in a speech earlier in June. Investors were comforted by his words and tone.

The only question remaining now is, will he, or won't he, pause at the next fed meeting. The question for us is simple; How much are you willing to bet?