Does look toppy, just don’t think we’re there yet. But looking for good bear funds/ETF’s, anyone?
Timely subject. This morning on Varney, a guy (Harry Dent) predicted the market would go up to 17500 this May and then spiral down to 5000 by 2016.
Both Varney & Charles agreed that the guy’s research was good.
The caveat he mentioned was the affect of all the government spending (I guess as to timing).
Guy reccomended cash positions and COG, which I haven’t researched yet. (I usually hit FR first:)