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Sunday, 16 September 2007

The Fed follows the Market

This is an interesting piece of graph depicted at the following web link which was passed on the chat : http://www.elliottwave.com/features/default.aspx?cat=mw*aid=3336*time=pm
It is interesting to note how the decision makers lag the markets and not create the waves. What happens on the 18th is something for the records. What all effects shall take place immediately and subsequently is to be analyzed.

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