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RE: Dow 20000! What Could Go Wrong?
if it was, I'm pretty sure it would've crashed back down to 500 or so. It WAS in a bubble, short term went to 1900 or so, but settled to a 1050 - 1200 range. Seems that 1100 or so is its mean price, for real, given the demand/production rate. But then the ETF traders keep the price down, THAT is a fact.