S&P 500 looking very toppy

The indicies have been driven to these dizzying heights because most of the surplus cash in the economic system is going into housing and the securities market.Notice that these two investment vehicles are the strongest sectors over the last 18 months.Excess liquidity , has created a disproportionate imbalance in both securities and housing markets.Should both these markets correct in sync. ,the last three years may seem tame in comparison.

 

and...

and I know we're getting closer to the top.
My guess is next week we will see it.

 

Like I said, a few more bullish calls, and the S&P looks toppy to me.

 

I know what I'm talking about. Dammit!

Everyone seemed bullish today on CNBC, but no ole Romeo.

Romeo says the S&P is looking toppy!!!

 

You sound like a refugee from the Yahoo boards!

 

You were looking for a new high of 1025? I know we need to be flexible as traders but switching your prediction and then harkening back to the first one when the market swings that way doesn't do allot for your credibility.

 

DO NOT MISQUOTE ME! I said we could see a maximum top of 1025, and we got to about 1005 today. Read my 1st post in this thread. Heck read ALL my posts in this thread, I've been very consistent, dude.

And the word is "alot". Not knowing how to spell doesn't do much for your credibility.

 

This was misconstrued by you as what, dude?

 

You sound alittle like Tom Petty.

 

I am not in search of credibility on this board as you clearly are.

1025 does not jive with a double top, at least not what passes for a double top in my view.

For your edification it is "a lot" (you assumed that I wrote allot due to ignorance, your assumption was erroneous). Alot is not a word.

Ironically, I still see a double top.