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YellowBull

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YellowBull

Re: HD168 post# 9497

Thursday, 06/27/2013 2:10:02 PM

Thursday, June 27, 2013 2:10:02 PM

Post# of 37921
Just curious on your thinking, but why do the U.S. markets need ECB QE to continue upwards? Nothing has changed in the U.S. The fed continues it's 85bil/month QE. This correction was ignited by fear of ending that. Now Dudley comes out and says QE may increase if the jobs market doesn't improve. I'm inclined to think that we have seen a bottom to this correction. It may not make any new highs for a while and will probably become a trader's market. That's my view at least.
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