Are we close to a top?

Quote from nasdaqmadness:

thought I would comment that my current short positions and I will also add to them are TWM ultra short russell, FXP ultra short China, DIA, SPY and AAPL.


Have Fun
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I'm with you on that one. I think it's POSSIBLE we are going to get a major surprise and alot of people are going to get caught on the wrong side of this market. Up or Down - nobody knows. I swear, it's the most UNCERTAIN environment right now. Won't you guys agree? Remember a few years ago we could count on every dip to go long. It's outright INSANE now to beleive anything.

Short my Brain Out: - i've shorted this rally all the way up, and still done OK. I wish the best to all the speculators in this thread. Whatever happens I'm sticking levered.
 
Quote from Gubinec:

Good trading to all.

I'm waiting for the last push upwards (buyers on dips) before hell breaks loose.
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EXACTLY! One more push to shake out the early weak short hands.. then down
 
2009-08-28-PROPHererET.jpg
 
All you folks who are short are suicidal.

The market clearly cares for one thing, and that is up. Manipulated or not (and I believe it is) there is only one way to make money in the market at present, and that is buying the dips.
 
According to my findings, there may be no force on this planet that can stop this bull market. DJIA 14,000 within a few years is a strong possibility. Keep in mind that interest rates are STILL at zero and the fed has given absolutely NO hint of raising them. We're going to have yet another housing & stock market bubble as a result, and no effort will be made to stop it even as it unfolds before our very eyes.

The US dollar is nothing more than toilet paper to the fed. That's why I am recommending MA POT GOOG which benefit from a falling dollar.

MA POT GOOG RIMM BIDU FSLR V EWZ FXI CLF IPI MOS AMZN QQQQ
 
from fool.com



PEs using the "optimistic" $60 for 2009
March @ 666 = P/E of 11.1
Today @ 1023 = P/E of 17.1

PEs using the "average" $50 for 2009
March @666 = P/E of 13.3
Today @1023 = P/E of 20.5

PEs using the "realistic" $40 for 2009
March @666 = P/E of 16.7
Today @1023 = P/E of 25.6
 
Quote from S2007S:

from fool.com



PEs using the "optimistic" $60 for 2009
March @ 666 = P/E of 11.1
Today @ 1023 = P/E of 17.1

PEs using the "average" $50 for 2009
March @666 = P/E of 13.3
Today @1023 = P/E of 20.5

PEs using the "realistic" $40 for 2009
March @666 = P/E of 16.7
Today @1023 = P/E of 25.6
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Only 3 months to 2010.
 
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