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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.

2007 SPX - 2012 SPX Chart

Should the script continue - new highs are in sight for the SPX over the coming weeks.

 


Finding Bernanke - Part I

 

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