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Bubble waiting to pop: Best of the Boards/Blogs

Stockhouse Editorial
0 Comments| July 27, 2009

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Top Bullboards post:“Funny thing is, you don't hear much about it, but certainly this is one huge bubble waiting to pop, IMO. P/E multiples are elevated, insiders are dumping paper like mad, the financial index RSI crossed *90* on the daily chart today... Some of the individual financials within the index now have their indicators pointed south on the 60-min timeframe... so long as the $US continues its death drop I think money will continue to flow into this overbought territory”… - From groovin123 on the Horizons BetaPro S&P TSX Capped Financials Bear Plus ETF (TSX: T.HFD, Stock Forum) Bullboard.

Top Bullboard: Today’s most posted Bullboard belonged to Premium Exploration (TSX: T.PEM, Stock Forum), followed closely by the Medicago (TSX: V.MDG, Stock Forum) board.

Top blog: “The bank sector confirmed its breakout and today traded for the first time in 2 years above the 200MA”, WesternRookie said on The Western Investor blog Monday.


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