HAS the LONG term PICTURE changed JUST because Ben pulled the rug out??
OR was that just the ICE BREAKER to a lot more trouble down the road??
THE OVERALL picture does NOT CHANGE for stocks, but a WAKE UP CALL
has been SOUNDED
DOES THAT dramatically ALTER next week's projection? NO , but ti does show
A VERY CLEAR TECHNICAL ANALYSIS
I Don't POSSESS a CRYSTAL BALL that could have shown us the reaction to
Wednesday's announcement- so like many analysts was caught a little off guard.
I NEVER CLAIMED to be 100% accurate AND NEVER WILL.
THE ACTUAL correction began on May 22nd at spx1687 at 10:30 ending the day
at 1655. Will the next few months provide a much deeper dip than weve seen since the Mar2009 bottom, or will it be over shortly with new highs on the horizon.
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