Market top

Discuss the direction of stock market prices including strategies for market timing.

Market top

Postby bentrader » Wed Mar 24, 2010 8:51 pm

Any guesses on when this market will top? We broke to a new high so I think the next pullback will just be a correction. We may even consolidate and then go higher. We are very overbought, I sold my last stock yesterday. Will not be buying untill I see a pullback or it takes off again. New lows have increased a little and new highs have come down a little. I will mostly be watching the new lows. Any thoughts?
bentrader
 
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