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Tuesday, September 11, 2012

Next Major event

Next Major event is this Wednesday-Thursday, as the Federal Reserve bank announces their next action.
Most of the market pundits expect they announce a new Quantitative Easing program. (loose money).
Some believe the Fed started the QE weeks ago, explaining the market rally.

One thing is for sure, the market expects some meat on this meeting.  If there is ZERO easing, the market may react badly.  I expect there will be some sort of QE indication or program started.

Federal Reserve Bank meeting times

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