About the GDP Statement and Bernanke

The Commerce Department confirmed the claim by many economists that second quarter growth was softer than initially believed. Bernanke will speak in 40 minutes and he may reiterate that the economy is looking weaker. I believe that this information is already priced into the market so I am still confident in the long position. Of course if the market does respond negatively to Bernanke, I may have to reconsider being long here...