Worst bear market coming to a Market Near you

This is the most bearish I have been since the summer. Just feels like a top. Too many stocks are getting too high. Especially financials. Earnings not great. Nothing but speculation making the rally happen. S&P 1160 might be here by July. All this will not be right if we close above 1400 though.

I still have tons of financials and real estate stocks from the lows isaac. what do you suggest I should do at this point. Sell them all or scale out slowly? Do you think this will top out quickly?

Edited by A-ha, 25 April 2008 - 02:55 PM.

Yes, that is exactly what I think you should do. I sold my Citigroup today. I think its all done. We shall see though. Next week is key. I think its going to go down.

pretty broad prediction [img]http://tbn0.google.com/images?q=tbn:_JAwkARNAyTKaM:http://malprg.blogs.com/francoatirador/images/bush_borg.jpg[/img]

Edited by snorkels4, 25 April 2008 - 03:14 PM.

This is the most bearish I have been since the summer. Just feels like a top. Too many stocks are getting too high. Especially financials. Earnings not great. Nothing but speculation making the rally happen. S&P 1160 might be here by July. All this will not be right if we close above 1400 though.

I just don't see it. Look a this chart of the Comp Weekly, and tell me why I would want to be short here??

http://stockcharts.com/c-sc/sc?s=$COM...93878&r=474

This looks like a sweet ride to me . . . .

Scott

(If someone can post it, please do. I can't seem to. . .)

This is the most bearish I have been since the summer. Just feels like a top. Too many stocks are getting too high. Especially financials. Earnings not great. Nothing but speculation making the rally happen. S&P 1160 might be here by July. All this will not be right if we close above 1400 though.

I just don't see it. Look a this chart of the Comp Weekly, and tell me why I would want to be short here??

http://stockcharts.com/c-sc/sc?s=$COM...93878&r=474

This looks like a sweet ride to me . . . .

Scott

(If someone can post it, please do. I can't seem to. . .)

Here is your chart and a simple monthly that could be saying a lot:

Yes, that is exactly what I think you should do. I sold my Citigroup today. I think its all done. We shall see though. Next week is key. I think its going to go down.

I see a megaphone on Citi group too. considering little premium, I think you ll get a good shorting opportunity

Edited by A-ha, 25 April 2008 - 04:55 PM.