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Toppy Market - look out below      6-Nov-09 04:41 pm    
"These charts are flashing very serious warning signs that the US market has put in a major top. Far more importantly, there is the potential for a very serious collapse in US stocks. And it’s showing up in virtually every currency.

I’ve stated repeatedly that I believe stocks will have another Crash this year. Looking at the above charts this could be coming sooner rather than later. When you price it in US dollars, the S&P 500 looks like it’s rising. But in any other currency, US stocks have gone NOWHERE for three months now."

http://seekingalpha.com/article/171499-d...

Priced in dollars, the market has been trading sideways since August..... We're sitting on critical support, and there is a chasm below.

Be careful folks.
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circpros

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  Subject Author Rating Time of Post (ET)  
 
Toppy Market - look out below
circpros 6-Nov-09 04:41 pm  
 
Go see your eye doctor, you may need glasses. The...
alw59saw (1 Rating) 6-Nov-09 04:53 pm  
 
You ignore reality, and don't know how to rea...
circpros 6-Nov-09 05:08 pm  
 
Stocks dont have to relate to a recovery...
brianhodgso... (1 Rating) 6-Nov-09 05:16 pm  
 
Trailing P/Es are over 140.... any ...
circpros (1 Rating) 6-Nov-09 05:23 pm  
 
My crystal ball is predicting ...
relaplan1 (1 Rating) 6-Nov-09 05:59 pm  
 
I agree with you in the l...
circpros Rate it 6-Nov-09 06:14 pm  
 
Did anyone hear that Hugo...
standardban... Rate it 9-Nov-09 12:47 pm  
 
This is the most stupid argument I have ever heard...
bernsteinba... Rate it 7-Nov-09 12:00 am  
 
"Stocks dont have to relate to a recovery. Th...
compliancea... 7-Nov-09 08:14 am  
 
Stock prices go up at a rate that correl...
relaplan1 Rate it 7-Nov-09 12:50 pm  
 
Here is your comment from another thread that...
circpros (1 Rating) 7-Nov-09 02:04 pm  
 
look at a SnP 6 month daly candle chart...
pwepal Rate it 7-Nov-09 03:17 pm  
 
You can ignore TA if you choose.......
circpros Rate it 7-Nov-09 03:58 pm  
 
i agree with circpros. also lo...
blinged01 Rate it 7-Nov-09 04:24 pm  
 
Here's a quick update on the c...
circpros Rate it 11-Nov-09 11:28 am  
 
The third paragraph shoul...
circpros Rate it 11-Nov-09 11:33 am  
 
Better yet, proof yo...
alw59saw (1 Rating) 11-Nov-09 01:52 pm  
 
well how about this pop please p...
pwepal Rate it 9-Nov-09 12:38 pm  
 
The problem I have with your analysis is...
bernsteinba... 7-Nov-09 04:24 pm  
 
they started when market was going ...
blinged01 Rate it 7-Nov-09 04:36 pm  
 
Sorry, my relatives don't have...
alw59saw Rate it 9-Nov-09 01:31 pm  
 
Ultimately, stocks are not a definite science. It'...
rahooligan Rate it 9-Nov-09 01:36 pm  
 
Given the preponderance of negative data sure...
circpros Rate it 10-Nov-09 12:18 pm  
 
yep...facts is facts but there is n...
pwepal Rate it 10-Nov-09 03:34 pm  
 
Stock prices seem due for a fall but waiting to ow...
smurphny Rate it 10-Nov-09 03:17 pm  
 
So what's you new update
bernsteinba... Rate it 16-Nov-09 10:27 am  
 
nothing new with me ...trading toppy market ...
pwepal Rate it 16-Nov-09 11:57 am  
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Penn West Energy Trust (PWE)

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