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RVAspeculator (28.88)

September 2009

Recs

26

Will sanity finally be making a return?

September 23, 2009 – Comments (11) | RELATED TICKERS: SPY , QQQ , DIA

On CAPS alone today there are about 10 players calling the market top.  In the blogosphere in general the top calls are everywhere.   Of course its many of the same people that have been calling tops the whole way up but a 20 point reversal when we are this far away from the moving averages on the S&P makes it a pretty easy target.  I think I agree with the consensus here even though I usually love to be a contrarian.  The last retail sheep has probably already bought at this point.  [more]

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