The Case For A Stock Market Triple Top

Whenever the vast majority of investors, pundits and the media agree on the direction of the market, they are usually wrong.  In the past few days as the indexes have either broken or approached new highs, an apparent wave of euphoria has been evident.  The “experts” cite the gains so far in 2013, the Fed’s willingness to keep its foot on the gas for however long it takes, a perception of improvement in the economy, rosy earnings forecasts and reasonable stock valuations...