The Boy Who Cried Meltdown

"The problem with bubbles is that they force you to look like an idiot before the peak or a bankrupt idiot after the peak". A serious dilemma all around.

The S&P 500 Hit 2000 today and closed at 1998. 666 x 3 = 1998. Among other things, 666 was the low from 2009, where Etraders swore "We won't get fooled again !". 

Yes they did...

Here is some crazy shit. After that there's some even crazier shit...

The Etrader Indicator

Etraders like to buy stocks at the peak. Therefore brokerage commissions are highest at the peak. Therefore brokerage stocks outperform late in the cycle...

Charles Schwab: New high today

Here is something we've never seen before. For good reason...

The Dow with 52 week price range of average stock (see correlation pane at bottom)

Here is another thing we haven't seen since 2007, for good reason.

NYSE New 52 week highs. Mega-divergence:

Here is something we've seen before and that Etraders swore they would never buy into again just six years ago in 2008...

Large Cap Tech / Nasdaq 100 with 52 week price range of average stock:

Here is something I will never see again i.e. the money I ploughed into the top of the Nasdaq in Y2K. It's a good thing I'm not bitter.

Nasdaq 100:

Yet another thing we've never seen before for good reason - a 200 year-old Canadian-American beer company going full DotCom

Molson Coors

We've seen this movie before. We know how it ends. Steve Jobs RIP:

Whenever you see this, sell everything and invest in Antarctica real estate.

United Airlines

BTFATH: GAMBLE WITH SKYNET AT YOUR OWN RISK