Posts by "whiskeybravo"

Mr. Laidi noted the disappointing ISM Index today. This index is more meaningful than the vast majority of economic indicators.

I'm not going out on much of a limb when I surmise that yesterday's 'pop and drop' in the SPX (during amateur hour, of course) put in the top for this bear market rally. The shorts didn't even feel the need to cover at the end of today's trading.

"Meanwhile, the latest figures reveal that U.S. corporate insiders are selling 1411 shares (!) for every share theyre buying." (from Rick Ackerman of rickackerman.com) Corporate insiders don't sell because they're expecting a minor 5% correction. The sell-off may not start next week or even this month, but it is coming nevertheless.

Have a great weekend!

One sign of important tops is first hour (amateur hour) runups being sold into. We just saw Europe's--will we see one in the US market?

Sell your equities.

Today has all the earmarks of a blowoff top.

VOTE:Below 70

The bear market resumed earlier this year. Gasoline back under $2 next year.