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Transcripts For CNBC Fast Money 20170221

Melissa on fast money. The question is do you keep buying stocks while they are at record highs and how far can this epic rally really can . Some good questions. Lets get answers. Thank you for being here. Melissa, feel better. Please. To answer the question, yes, buy stocks now. The market is overbought and i probably would agree with that. But this feels as if it will continue to go higher. Every piece of bad news that i can think of thrown at this market and it shags it off. Goldman sachs all time high. Even health care name. You saw the bristol news earlier this afternoon. Thats back in play again. As long as the russell remains above 130. They are now both healthfully above, this rally is intact. When you think about whats going on, expectations for a fed, march rate like about 30 . Theyve gone up. The concept of a fed liking is a positive concept. Then throw the data around the world has been so much higher. The european highs, were at 69 highs on manufacturing in germany. Across ....

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