Previously I asserted 9 May 2013 was The Top, but I was wrong.
Equity markets actually topped on 22 May 2013.
MARKET TOP DETAILS:
22 May 2013 – DJIA 15,542
22 May 2013 – S&P500 [aka SPX] 1,687
22 May 2013 – NASDAQ Comp 3,532
This marks the end of the stock rally which commenced early 2009.
The WILE E COYOTE collapse will now commence.
Due to egregious central bank intervention and Wall Street
complicity long only investors will lose most or all of their
money as the March 2009 lows are eventually breached.