The market has basically been running up with the expansion of Fed Bank Credit via
the QE 3 program. The advance has "outdistanced" itself from a technical perspective,
and with official Washington again moving toward center stage in terms of both the
budget fight and monetary policy, there could be some volatility in the weeks ahead
as players try to handicap the interplay of oncoming economic data news and the doings
in the Capitol. SPX Weekly
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