Nasdaq Falls Back a Little

The Nasdaq 100 was slightly less positive today, but only slightly. The Nasdaq numbers for last week and so far this week:

2.13, 2.85, 2.89, 2.59, 3.78, 3.44, 4.02, 3.94

Again, I have to stress that the high could have already come in with numbers like this. However, in my humble opinion, which could certainly be wrong, I'm going to go by time and say there's still a week or two until the final high, probably two. Who knows, maybe this final epic high will go up to numbers we've never seen before, like up to 5.0 or more. Who knows. But time-wise, like I said, probably a week or two, just judging from what's happened in the past as far as the time from when we first went above 3.0 to the final high.

The $200 million man is still half-in on the positive side, which is not good short term.

If I were your financial advisor, I would have you totally out of the equities market right now. I don't care if we go a little higher in a final blow-off top. This is extremely dangerous territory. So if you got out, how would you get back in? The answer is, when we eventually start down, which will be soon, we will go down until the Nasdaq 100 number gets down to at least even money, and probably until it goes negative. So I think my numbers can tell you approximately when to get back in. And I believe this time the market has the general population trained to the point where it's going to stay in this time and not jump out, and down we go.

I hope I'm wrong.

Rob