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RE: The DOW is now at 21,411. How High Can This PUPPY GO? This is Crazy.
I agree that we are in for a downturn. If the Fed does not use their trading desk the downturn will be large (40-50%). What will the fed do is the big question.
I read a report the other day dealing with this. The Fed keeps bolstering up interest rates to try and quench the upturn in the stock market? I don't know if this is true, but it is interesting. I think we are being prepared for a market crash for sure. Thanks @richard78624