Reading todays article on Individual Investors is actually a warning sign to the Bulls or to any one that has big positions.
http://finance.yahoo.com/banking-bu...-budgeting&sec=topStories&pos=3&asset=&ccode=
With Individual Investors jumping in, this rally may be coming to an end.
I know alot of people have tried to call the top and I do not believe in calling one until you see one,.
What we have is an age old indicator and a theory that has held true in the history. how individuals use it is upto their individual strategies. I know that I am going to start putting in stops soon.
Hope this helps
http://finance.yahoo.com/banking-bu...-budgeting&sec=topStories&pos=3&asset=&ccode=
With Individual Investors jumping in, this rally may be coming to an end.
I know alot of people have tried to call the top and I do not believe in calling one until you see one,.
What we have is an age old indicator and a theory that has held true in the history. how individuals use it is upto their individual strategies. I know that I am going to start putting in stops soon.
Hope this helps