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Saying Goodbye to the Bernanke Put
Last week fin Charting a Course Balancing Open-Ended QE and the QE Asset Reflation Correlation Trade my goal was to provide a map for the markets into year end.  The strategy was predicated on the notion that flow and not discount was driving price action and therefore the technical landscape would provide the best navigational tool for investors. Despite what many assume to be market-moving events such as the FOMC meeting and upcoming month end mutual fund year end employment and the election I cited important technical levels that I thought would get tested regardless of the outcomes. Regarding ...
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