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To: Instock who wrote (33859)1/10/1999 12:52:00 AM
From: Dwight E. Karlsen  Read Replies (2) | Respond to of 164684
 
Instock: Thanks for yet another sign of the market top. Everyone is confusing luck and momo gains with investing smarts. Without even looking, I was reading two posts within a few posts of each other on the YHOO thread where people were quitting their day jobs to become fulltime "market professionals".

that's the way it always is at the top. That, and put/call ratio is very bearish, with more people buying call options today than in seven years. That is also a big, clear, obvious sign that a top is in the making. Sure it may run up a bit more in the general market, but it's getting too easy to last long. Everyone's bought in.