double-top on the US markets forming..?

Here we go -


Is there enough conviction to take us a std deviation above the highs????

 

I love all the fear in the marketplace--if we break above the highs, shorts are gonna be forced to cover real fast and it could get interesting a la BIDU

 

Every retest of an old high looks like a double top. So few of them are.

 

not even close to a double top

 

The markets might continue to rally over the next month or 2 or maybe even the next year or 2, but let me say that the next bear market is going to take many, many people by surprise. The DOW is up from around 7500 in 2003 to 14k in 2007.

I guess 85% gains in 3-4 years isnt enough......