There's a guy by the name of Lee Adler at liquiditytrader.com that does a great job of explaining all this financial market stuff. One thing that he always says is "Don't fight the Fed". The Federal Reserve was pumping billions of dollars per day to stop the market from falling. Now it sounds like leverage is taking the market to extreme levels again, while the Fed is quietly pulling back its support. Nothing good is going to come out of this.
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