Watch These Three Stock Market Warning Signals
February 05, 2010 at 12:50 PM EST
The stock market does not turn on a dime. At least historically that’s been the case. Take Japan as an impressive example … At 10,300 the Nikkei is now 74 percent below its all time high of December 1989. On the long way down it has experienced many cyclical rallies, some of them amounting to gains of more than 100 percent! All of them finally failed. Yet none did so by turning on a dime. There was always a distinctive topping process going on before the bear…