Links: Market Top or Correction?
Jun 9, 2007: 8:16 PM CSTChris Perruna posted a brief article with a few major points and well-annotated charts in his article “A Natural Correction or a Top?“.
Perruna notes, “Corrections are due when markets move up by 30% over their levels from the prior year.”
He also annotates charts on Crude Oil, the Nasdaq, and the Dow Jones.
I wanted to point to this brief analysis and have readers address the points he makes.
Also, if you wanted a major linkfest a Sunday afternoon reading, The Big Picture provides a plethora of links from blogs in categories such as the overall economy, market, and housing.
The Active Trader makes a bold statement with the post “What the Market Will Do Next” and notes that there could be similarities between the February 07 ‘crash’ and the June 07 ‘thing’. The chart deserves a look.
Bill Cara’s Saturday report is another absolutely wonderful reference, containing various tables of ETFs and stocks sorted by one week relative price performance, as well as great market analysis.
