As is typical for any time that the Fed Chairman opens his mouth, the market has now completely reversed the impact of his words today. The large green candle at the top left of this chart is the market's reaction to his prepared statement. It is typical for the market to completely reverse the impact of Bernanke's remarks within hours of said statements. The stock market is still significantly higher for the day, despite this reversal. But we still have more than 40 minutes in the session, too, and the market is now accelerating to the downside as I type this!
