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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (88777)7/14/2009 11:39:27 PM
From: Skeeter Bug  Read Replies (1) of 94695
 
Vi, i think the government indirectly controls the market by how much money it makes available. it would be debt suicide to continue to feed a hot market and drive up rates.

1. the $3.5 trillion debt expense would sore, risking a total meltdown sooner rather than later.

2. higher mortgage rates will *kill* the housing market. dead.

i think the government has to cap this rally. anything over spx930 is potentially toxic near term.
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