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Originally posted by Rockpuck
reply to post by GreenBicMan
Yes.. my problem with huge bull runs however is that they usually peak very high and result in a very big fall.
I don't see these 100-200+ a day advances as rational, given the state of the Real Economy.
WASHINGTON (MarketWatch) -- The U.S. government is expected to borrow $406 billion in the current quarter, the Treasury Department said Monday. The borrowing estimate is $109 billion less than estimated three months ago. The decrease in the estimate is due to some repayment of bank bailout funds and less investment than expected in Fannie Mae and Freddie Mac, the agency said. For the October-December quarter, the government is expected to borrow $486 billion, the government said. In the three months ending June, the government borrowed a $343 billion. The Treasury will announce on Wednesday the sizes and terms of its quarterly refunding auction