We Have Topped

<b>COVESTOR IS REAL MONEY.</b>

1.5% Annually <b>is not a lot of money for active portfolio management and market timing.</b>

 

1.5% is huge if you are losing 15% when index is up for the year.

 

Is it just me or has the market been "reverting" a lot lately?

 

SP500 overextended chart regains dominance over other markets again - after short squeeze yesterday.
Conflicted market continues.

 

It's all tricycles fault.

 

You mean there are both buyers and sellers...at the same time?

 

There was no "short squeeze" yesterday; its a figment of your vivid imagination. Markets responded to several huge earnings reports in the tech sector. The fact you don't understand this tells all of us a lot about your complete lack of understanding of markets.

In addition, those tech earnings pretty much drove a nail in the coffin of your "2012 Market Crash" prediction.

 

The more this joker posts the more I suspect he's some 16 year old in high school.

 

market is definitely not conflicted. its quite clear we are in a bull trend up !

That being said, taking profits at these levels isn't a bad idea. I just moved my 401k to cash today. At the very least, I'd like to see a 2% move down from the 1320ish area.

I'd be surprised if I see anything other than a regular pullback of a few percent in teh next few months !