"A mega-LBO of a company notorious for its cash burn rate would be the clear sign that this is the ultimate market top
," Mike O'Rourke, Chief Market Strategist at JonesTrading, wrote in a client note.
But, trying to predict a "market top
" can be a maddening task that leads to poor investment decisions.
The rolling front month futures would suggest this is a leg 4 correction and not a market top
. Like the April contract the Q3 18 futures are in a corrective wave 4 phase.
The top gainers were (PEARL), (IRC), (NCCI), (ADNC), and (ALDEERA), while the market top
volume stocks were (ABYR), (ALDEERA), (MAYADEEN), (IFA), and (KRE).
at the International French Travel Market Top
Resa 2013 in Paris on September 24-27.
More than pounds 86 has been matched on Amelia at 1,000 on Betfair since her surprise weekone rejection by mentor Kelly Rowland and she shades 7-2 Marcus Collins at the market top
Current market conditions compare favorably with the previous market top
and corresponding cyclical downside.
It was built during the Lower Precinct redevelopment when there was no alternative exit for the market top
"And if we're going to see that market top
off, I'd be a little concerned with profitability.
The top gainer shares were (JEERANH), (CLEANING), (KMEFIC), (KGL) and (ACICO), while the market top
volume stocks were (ALDEERA), (GFH), (IFA), (ALIMTIAZ) and (ABYR).
She used to market top
name acts such as Take That.