There is a new entry on the calendar this week. Also a highly awaited FOMC meeting this Wednesday the 21st at 11:15PST. The FED needs to come out swinging at this meeting. I suspect that if the FED instead gives another milk-toast announcement the stock market may crumble. I think the market wants to see another massive easing program, something bigger than QEII (600billion).
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All the best!
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