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OldAIMGuy

10/16/17 8:47 AM

#42356 RE: SFSecurity #42355

Hi Allen, Re: Market Tops.....

Here's a little something from the end of January, 2000......

http://web.archive.org/web/20120305032941id_/http://www.aim-users.com/arch00.htm#jan00

Another AIMer and I had just returned from The Money Show in Orlando, FL with a head full of new information. One of the best presentations we'd heard was from James Stack of Investech.com. At the time he showed us a series of the most scary slides I've ever witnessed as an investor. He had a list of 10 or 12 indicators he used to shine a clear light on what market "Tops" looked like. At the time 90% of them were showing extreme bearishness with the remaining 10% nearing the same extreme levels. I'd have to do some digging to find those charts and indicators. I believe they made it through my "purge" when I moved out of my office of 30 years this summer.

Mr. Stack has been quite good about calling market bottoms as well. I don't read his newsletter (or anyone else's for that matter) but at the time I was suitably impressed. Here's a recent article that refers to his ideas:
https://www.usatoday.com/story/money/markets/2017/03/07/bear-market-warning-flags/98695888/