when is this market going to top?

Excellent!
You have well-understood the rules, which is not so common here!
I will add :
#4 You don't know the rules and want to go against the trend/market until you lose all.

CM

 

when is this market going to top?

1. When your broker says "This could be your last chance to buy at these prices".
2. When the cleaning lady asks you to recommend a stock.
3. When CNN says "We told you so".
4. When the Newbie ratio reaches an all time high on ET.

 

I hope 'Hopium' is better than 'Hope and Change'.

The last 8 years were long ones.

 

%%
OCT 2007, month SPY candles; or use 200 dma. Citigroup has made an even better top on 10 year chart; but rising tide could lift anything.

 

Okay, well, that might be a fine *example*, but it could be an example of anything. A definition involves not pointing into the parking lot and saying, "Look! There! My car!" but providing year, make, model, color, license plate (who knows these things?), and maybe "There's a Grateful Dead/'72 sticker on the back right bumper...."

 

Very deep.
Sage.
... went right over my head.
But I know there was something there.

 

%%
200 dma defines it as well as anything;
my car is personal. Thanks

 

To be clear, you have defined nothing.

 

I wonder what the ratio of longs and puts on the S/P 500 would tell us?