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Share buyback activity is the best contrarian indicator out there, says Jeff Macke, peaking at...

Share buyback activity is the best contrarian indicator out there, says Jeff Macke, peaking at market tops and bottoming at lows. Right now? The dollar amount of buybacks isn't particularly high or low.
Comments (4)
  • Conclusion, markets are goin' up. Suits me fine. Down markets are narrow and hard to pick out profits, up markets are easier. I am sticking in SPY if that helps. Been in it late, but for a month or so now.
    Capt. Brian
    The Lost Navigator
    11 Mar 2013, 09:44 AM Reply Like
  • Anything to keep the bull market going........
    11 Mar 2013, 11:46 AM Reply Like
  • .
    Jeff Macke

     

    http://bit.ly/10DuomD

     

    .
    11 Mar 2013, 12:17 PM Reply Like
  • Seems to me the guy has paid over and over for that day. For me, it's time to give him a break.
    1 Jul 2013, 06:43 PM Reply Like
DJIA (DIA) S&P 500 (SPY)