After reading this article, I'm starting to wonder whether we're in for a little correction after 2:15 p.m. on November 3rd. Obviously, the stock market is going to be supported for the next six months or so. A "crash" is not in the cards.
The Fed is walking a tight rope between condemnable failure and some small degree of success. The best the Fed can hope for is that more businesses can take out loans and more buyers can actually get mortgages for homes. Unemployment probably won't improve, either way.
So, given the run that stocks have been on, do they actually have room to run after 2:15 p.m. Nov. 3rd?
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