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[DrSP]

I see bearish messages all across the blogosphere from stockcharts to decisionpoint to what not. Yep, we could burst to the downside. Or yet we could blow up to the upside. Don't get married to your positions at this critical time because you will regret. More imporantly, manage your portfolio and allot a low risk % should things go 100% against you.

At the beginning of this year, I too forecasted a top in Sept/ early october. I did.
http://www.traders-t...?...st&p=618809 But....

I am reading blog posts saying the cycles are rhyming, so this is an important top. Yes, we could be at a top or only a few months away from a top. Wall street can blow up your accounts in the few months before a top can be established. Read these $COMPX/ $NDX charts before you confirm a top. NDX doubled and much more than that, before a top has been established. We could say the modern version of NDX aka AAPL doubled in the last few months...yes, may be!
Read these charts
http://stockcharts.com/h-sc/ui?s=$NDX...id=p43630417238
and
http://stockcharts.com/h-sc/ui?s=$COM...id=p53199865634

But, if I was a short seller, I would keep the surge from Oct 1999 - March 2000 in mind and fall thereafter as well. I am neutral at this point because the indices are crying for a long term top here but breadth is not giving up. They could hold the breadth and continue to extend the divergences on the markets before they could drop everything down from the Empire state building.