Sunday, May 22, 2011

MTU Weekend Supplement - Russell 2000 QE Fractal (5/20/11 Close)

Potential similarities between the end of QE2 and the end of QE1 in $RUT. See charts below.

The anticipation and confirmation of QE2 rescued the U.S. stock market from the post-QE1 sell-off (Apr-Aug, 2010).

Assuming no QE3, we need other drivers to cushion/support the stock market going forward.

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