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When everyone's Bull on the market, that's when I get concerned.


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2011 Jan 3, 9:56pm   1,306 views  2 comments

by TechGromit   ➕follow (1)   💰tip   ignore  

http://money.cnn.com/2011/01/04/markets/investment_outlook_survey_stocks/index.htm

I get concerned when everyone says the market is going up. The assumption seems to be the market is going to be a little or a lot higher next year. When no one is predicting a crash, that's when it most likely comes.

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1   ch_tah   2011 Jan 3, 11:25pm  

Let's test the theory.

Right now:
Dow - 11,682
Nasdaq - 2,693
S&P - 1,270

We'll see where things go and how long they take to get there.

2   toothfairy   2011 Jan 4, 10:19am  

That usually happens right before a correction but after shaking out the weak hands it will go up eventually.

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