In this discussion I want to look at a number of chart patterns whose resolution will perhaps be very important from an intermediate and longer term standpoint. And it just so happens these patterns are singing in multi-part harmony exactly as the markets are now assured of no tapering any time soon. Quite the interesting juncture between sentiment and price.

Hi, my name is Ben. I am in charge of the economy, more or less. To my left, a man far less important. To my right, Greenspan. Last night, the three of us held a secret meeting in our hidden Fed safehouse. There we drank, ate, told some amazing jokes and then decided to cut the Fed Discount Rate 50 basis points. Step away from the ledge.

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