[Abigail Adams]

Just wondering, what does this mean?

“Someone tell me they see something different but imho we’re getting lots of signs of a typical index top.”

Is it time to buy energy stocks, or are things going to go lower still?

[expat_panama]

what does this mean?  “Someone tell me they see something different but imho we’re getting lots of signs of a typical index top.”

Yeah, that really can be taken a lot of ways.  I was thinking about stock indexes, like the Standard&Poors500 or the NASDAQ and how for a while now we've been seeing a repeating pattern:

So since every 3 months or so we get that umbrella shaped bounce like, my thinking is that we were looking at just one more in a long series of market tops before the next plunge.  The danger is that the human eye can often see patterns even when they're not there, so that's why I was wondering if anyone else was seeing this or was it just me.

[abb]

Is it time to buy energy stocks, or are things going to go lower still?

This week I have been buying BP. The lower price makes the dividend yield very attractive. That said, I am fully capable of, and have the history to prove, buying too high, and selling too low. IOW, I cannot pick the exact top or bottom.