QE2 to be or not to be

I really like Mr. TopStep’s take on the market.  I couldn’t have said it better myself.  I find myself agreeing with everything he said in the video.  I found the following utterance, “Maybe they are not going to do it” quite interesting.  Apparently Dennis Gartmann was talking about this in his letter. 

That is an interesting take especially considering that most of the chatter lately has been “how much QE2” and not “QE2 or not”.  No QE2 in my mind would be a total disaster for this market next week.

Everything Mr. TopStep is talking about makes sense to me in my read of the current charts… I am looking for a big kick up in volatility during the next couple of weeks…