Fed Raises Discount Rate

This is a huge psychological hit to the bulls' psyche.  So many of the bulls' thesis rely on Fed easy money and a delayed exit strategy.  This discount rate hike puts that thesis into question.  This is huge.  It cannot be underestimated.  The tools on CNBC are downplaying it but this will gap down the market huge tomorrow.  I expect to wake up to 1090 in the morning, if I don't see it later today.