Re-issue of last market mini correction proved correct
Best case scenerio this is just a 3 week correction.
June 05, 2013 – Comments (1) | RELATED TICKERS: QQQ , SQQQ , TQQQ
if it drags into july and beyond then the fed has little wiggle room as the rates cant be lowered further but they can continue buying bonds and risk being the last bagholder of bonds? its like the worlds biggest legalised ponzi scheme.
This current correction could prove to be the same. One more week or two at the most left in this mini correction.