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Originally Posted by ralok_j
Are you stating that the government is printing money and secretly buying stocks or did I miss your point?
Can you share how you extrapolated this inflation figure?
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You got my point exactly. Don't know if it is true or not, but SOMETHING is propping the markets up.
On the 27th the markets closed on their lows and on their annual lows. When market normally close like the formation seen in the S&P and the Dow, the next day the markets TANK bigtime. The nearest support on the Dow was 2000 points BELOW the close at 8000, or roughly a 25% gap to the support. That is where I got the 25% from as that is the only measure that is available at this time. In reality, it is really anyone's guess what the real number is, but whatever it is it is HUGE.