Bernanke Break Point
This is Ben’s week. He is expected to make everything well and the speculators are buyers of stocks again. This leaves more of the same, traders buying highs and selling lows.
Probably the most important thing is that he will retire is 7 months. That means at the 3.5 month point, around mid-October we will reach the break point, this coincides with our view of when things will start unravelling.