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Learner09

10/28/14 10:33 AM

#7441 RE: porsche2006 #7440

I thought the same thing over a year ago and I still think it's true. The Fed's got the ability to keep this market pumped up, or at least they did. Hope they do what I think they will tomorrow and conclude it's bond purchasing. With that, lower oil, and stronger dollar we might see an up swing last for a while here.
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ThoroughBread

10/28/14 10:35 AM

#7442 RE: porsche2006 #7440

I grabbed another batch at 3.08....I think if the markets don't sell off this week, then The Feds will end the Dovish comments and no one is going to like it, but what the hey, everyone has been given a second chance to sell these lofty Stock markets...All that cash on the side lines is mostly People who sold their Low interest CD's and money market funds, and it will never see the stock market. Not today, not next week, not next month. Its Just a bunch of retired folks taking a low risk position....Let the old people on fixed incomes at least Keep up with the rising costs. These Feds are creating a monster.