i am the prod - wednesday, page-9

-PB

A couple of weeks ago I wrote that the S&P500 is heading to 1850 by the end of the year, and you said this post was a contrary sign. Now that you are convinced that the S&P is heading higher is it possible that we are near to a top?

Just kidding.

I wonder what Nouf has to say about the topping formation? It is just being extended according to some bearish technical analysts.

I think a significant correction will come with QE tapering, a rapid rise in interest rates and also when profit margins start to come down from their historically high levels, or if there is excessive forward PE multiple expansion.

Some one will ring the bell to let me know when that is about to happen.

Does anybody know where Voltaire and Robbbb post these days. I am interested to find out what they are thinking, because I have lost that capability.

loki (the goldie boom is dead, long live the next goldie boom starting in 2015 - perhaps).