Don Bright thinks market is "way overbought" !!!

Quote from andread:

The potential stumbling block to that rosy outcome, according to bears, is the lingering risk aversion among some investors, spurred by worries about sluggish economic growth and problems in the mortgage market. The bears worry that such jitters could keep investors from extending the recent market rally, especially if their buying would have to outpace the anemic profit growth.

Don, is this the reason why you think the market is overbought?
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Just market moves....how many months did it take to go up vs. how many days it took for a quick reversal? That alone, to me, says that everyone is a bit "jittery" - bulls and bears.

Don
 
Quote from Jaxon:

In case you missed it, today's Wall Street Journal,
and frequent ET contributor

:D :D


Market sure is overbought. I wouldn't be surprised to see them ramp it up again overseas on thin volume early Monday morning so we have another gap open.
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Not a bright call. Markets not overbought.
 
nobody wants to buy it...okay it's time to go down....seller will sell to highest bider..in auction format.

Quote from stock_trad3r:

Not a bright call. Markets not overbought.
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