Monthly Archives: October 2012

Speculative Buys

The big question in my mind here is whether there will now be a QE Infinity (QEX) rally. Earnings are poor, the economy is struggling, and the US approaches a close election with a possible major fiscal shock to follow … Continue reading

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Fallen Heroes

Equities saw a strong bounce last week that was almost entirely wiped out on Friday. If strong support in the 1425 SPX area is lost next week then I would expect a further move downwards into the strong support in … Continue reading

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Risk Off Again

Last week I was talking about most likely seeing more consolidation on SPX into the 1430-5 area, and the possible double-top on SPX ┬áthat would trigger a double-top target in the 1380.5 area on a break below both SPX rising … Continue reading

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Commodities and QE Infinity

There’s been some debate about what to call this latest bout of QE by the Fed. As it has no defined term QE Infinity is a better name than QE3, but what is the short version of that? I’m going … Continue reading

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