Friday, January 25, 2013

SP500 up 8 Days in a Row

$$ - "SP500 up 8 days in a row" usually means market top. How often do these kinds of things happen before the market pulls back? Granted, I swear everyone I heard today on CNBC was saying that they were expecting a pullback of 3-5%, well, shouldn't we get one?

Maybe this isn't "the" market top. The previous 2007 high was 1565 in the SP500.  But February can be a bit rough during the first year after the presidential election.

I'm still long 100%, but watching...

Up, Up and Away: S&P Hits Fresh '07 High in 8-Day Run

FOX Business: Capitalism Lives Here The S&P 500 continued its steady march higher Friday, closing in the green for the eighth day in a row in its lon... Read more

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