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Friday, June 29, 2012
Finding Bernanke – Part II
Here is an update of the megaphone/inverted head and shoulders note from a few weeks back (see, Here). Considering it was during that summer that Bernanke first embarked upon the monetary regime, outlined in his 2002 speech on deflation – it fits quite neatly with the European drama now unfolding.
Should the script continue – new highs are in sight for the SPX over the coming weeks.
