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Non-Tech : Bill Wexler's Trading Cabana

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To: Bill Wexler who wrote (6337)1/30/2014 2:48:37 PM
From: deeno   of 6370
 
"In order for the market to go higher, you have to believe that Janet Yellen will reverse course on the taper"

why? I believe she will continue to taper to zero and then in late 2015 start the process of raising FF. The only reason I can see she wouldnt is if the economy sucked (not good for the market). So if the economy dosnt suck all should be hunky dory.

I believe if your an inflation worrier, as you have indicated. Yes I believe they will accelerate the above even if it hurts the market. That would be a nice beginning to a bear market.

So I would surmise that the only real call here is for inflation sooner and faster than most expect. A worthy call.

I said before we agree more then we disagree just for different reasons. This bull is long in tooth, I see the hint of complacency being manifested right now. I will likely let some things mature if we revisit highs (sell on strength as you say). I just dont think inflation is going to be the catalyst to a correction (not bear). Still unknown at this time.

Thanks for staying around.
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