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| We're guessing that QE3 will start before the election fun begins in Hew Hampshire and Iowa in early 2012. BB does not want to be seen as being influenced by politics, so he acts in 2011, after another 10 - 15% haircut in U.S. equity markets. Here is another possible scenario, this time using the S&P 500 at the ETF Corner. |
QE Trey Target
