Time Magazine has called so many bottoms with their magazine covers. Very similar to the Sports Illustrated cover jinx.
I thought the today's NYTimes article on 'its 2008 again' was quite a indicator the bottom might be in
More info for those interested in contrarian indicators and related stuff: http://www.socionomics.net/free-reports/1006/socionomics-in-a-snap.aspx Socionomics is the study of how social mood motivates social actions. It studies how waves of social mood regulate changes in social behavior, including changes in the economy, political preferences, financial markets and popular culture. Socionomists examine changes in the social environment and the economy and propose that social mood is the primary cause behind those changes and have a model that anticipates them.