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Uh-Oh: Barron’s Cover “Bye Bye Bear”

Posted By Barry Ritholtz On October 31, 2010 @ 7:23 am In Contrary Indicators,Psychology | Comments Disabled

The rules for the classic magazine cover indicator [1] are:

1. Mainstream — not business — publication

2. Well understood concept that is reaching a climax

3. Asset price gains

So this week’s Barron’s only qualifies on one count — 82% market gains — but even still: Covers like this give me pause:


click for larger cover

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URL to article: http://www.ritholtz.com/blog/2010/10/barrons-cover-bye-bye-bear/

URLs in this post:

[1] magazine cover indicator: http://www.ritholtz.com/blog/?domains=http%3A%2F%2Fwww.ritholtz.com%2F&sitesearch=http%3A%2F%2Fwww.ritholtz.com%2F&cx=015905226837203657063%3Ax1cwdcykvvw&ie=UTF-8&oe=UTF-8&cof=FORID%3A11&s=Search&q=magazine+cover+indicator&sa.x=0&sa.y=0#1554

[2] Image: http://www.ritholtz.com/blog/wp-content/uploads/2010/10/bear-bye-bye.jpg

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