Even ask yourself why the stock market never goes down and never pulls back? The fed wan't you to believe that the economy is good so you invest and push stocks to higher highs. There's just one problem, HOW DOES THE FED TURN BACK A RUN AWAY STOCK MARKET THAT NEVER CORRECTS, AND NOW IS SETTING UP FOR THE BIGGEST CRASH OF OUR LIFE TIMES? Just one look at earnings of $104 - 110 on the S & P 500 and attaching a 13 to 14 P/E gets you to 1540, not 1700. And, next year may not produce any earnings growth at all, but even if it grows to $114, where does that put us with a contracting P/E due to rising interest rates. That's right, P/Es "CONTRACT" when RATES MOVE HIGHER. So given that earnings growth is in low single to mid single digits on a percentage basis, a P/E of 14 is looking pretty rich right now. But with the market at 1,700 we are not at 14 P/E levels any more. Today's P/E on the S & P is 15.5 to 16.5 with low to single digit earnings growth and no revenue growth at all, based on the recent reporting season. At this point we are $150 over the NAV of the S & P 500 and it's due to FED MANIPULATION, NOT A BRIGHT EMPLOYMENT PICTURE IN AMERICA. IN FACT MORE AMERICAN'S TODAY ARE BROKE AND GETTING FOOD STAMPS THAN AT ANY OTHER TIME IN THE HISTORY OF THE UNITED STATES OF AMERICA. OUR TRUE UNEMPLOYMENT RATE IS RISING AND NOW STANDS AT 14.3%. NOT THE GOVERNMENT MANIPULATION DATA FIGURE OF 7 TO 8 PERCENT THAT THEY ARE FEEDING THE PRESS TO CONVINCE YOU WE ARE IN A "RECOVERY". So ask yourself, what happens when the reality hits that rates are only heading higher and that unemployment is only getting worse? And, that profits have peaked 2 quarters ago for S & P 500 companies? NOW THE WORRY OF THE FED HAS TO BE A STOCK MARKET CRASH LIKE THE HOUSING CRASH IN 2008 AND 2009. AND, THAT'S WHY THEY ARE PULLING QE CRACK OFF THE TABLE SO INVESTORS WAKE UP TO THE FACT THE MARKET WILL CORRECT. AND, SOON. AND, IF NOT, IT WILL JUST BE A BIGGER CRASH LATER THIS YEAR OR NEXT.