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I was wrong.

I admit it.  I was wrong...at least with the timing.  I thought that the stock market would peak by at least the end of March (if not the end of last year), and it still blasted higher in April and May.

So until I'm right, you don't have to believe me when it comes to this.  But do you think that perhaps the stock market might take a dive soon?  It looks set up to do so...if not now then sometime before the end of the year.

What do you think?

Below is a Dow Jones Industrial Average chart from 1973 to the present, showing clearly the three bubbles we've had - the tech  bubble, the housing bubble, and the QE bubble (which hasn't burst yet).

https://www.google.com/finance/getchart?q=.DJI&p=40Y&i=86400


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