How to Correctly Predict Stock Market Tops (Maybe...)

One of the most frequently asked questions in my inbox these days is if I think the high is in for the year. The same way I have said time and again I won't know if the top is in until well after the fact, the same is true for if the high has been seen. While 'the high' is a point in time, tops are a process.

I can however tell you that as an update to the 200-day moving average line piece I wrote several weeks ago I think there are clues there. Let me note that in the year 2000, the high for the S&P 500 was made in late March (after Nasdaq and after the DJIA) The long term moving average line did not roll over until the fall of that year, well after the high was in....425 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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