What or Who is Driving up Prices? Suspicions Confirmed It's the Government PPT

 

A different kind of bailout

The chart below illustrates the government's bailout track record; clearly not impressive. It seems like Washington D.C. has found a different kind of bailout. Ronald Reagan established the platform for this different bailout in 1988.

                               

 

Obviously the Plunge Protection Team was the culprit behind this entire rally. The ETF Profit Strategy Newsletter predicted the onset of this rally previously on March 2nd based on a composite of common sense indicators.

How long can the market exhale without inhaling?

It is, however, possible that this rally lasted beyond its normal expiration date with some friendly help from Washington. What's next?

Nobody knows for sure. But when the present throws you a curve ball, it is often helpful to look at the past for guidance.

The April issue of the ETF Profit Strategy Newsletter compares the current constellation (which could well be a double top) with the double tops of 2000 and 2007. It also takes a look at Japan and many parallels between the Nikkei's 80% meltdown and the U.S. market's performance. The conclusions are enlightening and might protect investors from yet another historic streak - a losing streak.

The Plunge Protection Team wasn't able to prevent the 2000 and 2008 meltdown, how long will it be able to keep this market afloat? 

Read in full

finance.yahoo.com/news/What-or-Who-is-Driving-up-etfguide-1348236303.html?x=0&.v=1



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