April 26, 2010

Art Cashin: Markets Are Nowhere Near A Top

"The rally is long in the tooth, but we’re getting new high readings and new 52-week highs and so even if the rally’s a little old, the market technicals are quite strong and nowhere near signaling that you’re near a top."

Art Cashin, CNBC

Art Cashin has been mostly wrong since the very inception of this stock market rally. Is he really calling the top here? No, hard feelings Art. The truth, is the truth.

Related ETF`s: SPDR S&P 500 ETF (Public, NYSE:SPY) and ProShares UltraShort S&P500 (ETF) (Public, NYSE:SDS)

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