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To: politicket
No, it's because the Primary Dealers (big banks) have been propping up the equities markets artificially.

Really? So in your estimation when is this new house of cards due to come tumbling down?

55 posted on 08/25/2009 3:06:14 PM PDT by what's up
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To: what's up
Really? So in your estimation when is this new house of cards due to come tumbling down?

After the Fed finishes buying their $300 billion of Treasury securities (not much longer), and either stops or slows down their purchases of agency debt and mortgage-backed securities (not sure when this will be).

When those two things happen then our economy will crumble.

Things might happen faster than that if China's economy implodes (which I completely expect).

Have you ever wondered why the trading volume on the exchanges has ramped downwards since March, while the indexes have gone up?

I wish you well if you're back into the markets, but I hope you're paying close attention to them. It can, and most likely will, fall fast when it happens.

57 posted on 08/25/2009 3:20:02 PM PDT by politicket (1 1/2 million attended Obama's coronation - only 14 missed work!)
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