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Visible Taper

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062914taper

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The FED's taper was supposed to begin in December. It's just now showing up in the Money Printing Pump chart.

062914newhighs

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Weakening internals suggest some vulnerability here.

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Posted on 29 June 2014Author ChrisCCategories General Market Commentary, Market Internals, Money Printing Pump, S&P 500Tags Calendar, Subscribers

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