Anecdotal Evidence

In addition to many indicators being at nosebleed levels I am also seeing anecdotal evidence of a top.
  • People are talking about further upside as if it is a given.
  • If I had a dollar for every time I heard "why fight it" I could take my positions off and go back on vacation.
  • Bears are being demeaned as morons who ignore the facts.
  • Obviously the market is going up.
Maybe the bears and myself will have better luck on Turnaround Tuesday. Have a good night.


CP said...

Equity Put/Call Ratio 0.40

Random Thoughts said...

you forgot #5 - I want to Cry.