Tuesday, May 10, 2011

How to Spot a Market Top

lady gaga farmville Hot to spot a top: Lady Gaga on Farmville. Could a peak be more obvious?

It's difficult to be a contrarian when everyone seems to be on the bandwagon. But, the next thing you know the sidebar ads have been replaced with ads for silver coins. People quit their jobs to day trade. Maybe Fonzie jumps a shark. Erin Burnett leaves CNBC for CNN. Or maybe Lady Gaga releases new songs on Facebook.

It sure seems cool, but there is something wrong. It just doesn't make sense anymore.

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