mcover

Double Top or Advance the Rock?

I completely agree. Been doing this for 30 years - strangest market I've ever seen. We are having a terrific year but I am now (and its a recent adjustment) at the highest cash levels in a long long time? Also, it strikes me that the quality of the recent (as in last 7 - 10 days) has been especially poor with names like AIG and $2 stocks doubling or tripling being the norm. Not the stuff that normally preceded another leg up...