There are all types of indicators that have been good predictors of where the market is heading. Some of these indicators just leave you scratching your head and wondering about the consistency. One of those indicators is the Magazine Cover Indicator. It is extremely ironic. By the time a bull market or a bear market reach the front pages of a major magazine, the bull or bear market stops. For example: Time – Dawn of a New Dynasty – This talks about the bull market in China and the dynamic economy. This came out days before the Chinese stock market started falling apart. Time Magazine – Home Sweet Home – This was a front cover article talking about the major bull market in Real Estate. That came out the month that the Real Estate markets topped and the real estate bubble started to pop. The Financial Times had a front page article on “The Copper Rush” in 2006. This occurred right before copper started an enormous decline in prices. Business Week –February 07 – It’s a Low, Low, Low, Rate World – This was a very bullish article on how the economy is flush with money and the low rates are great for the stock market. It was a very bullish piece. Of course this appeared right before the big drop in the stock market that represented the warning signs that a bear market was on its' way. Well Guess what the latest Business Week cover has on its' front pages? “Why the Market Will Keep Going Up." There are countless examples of these major periodical covers and their "predictive" coveres. Vitaliy Katsenelson, an analyst and auther who has appeared on the show a few times, pointed this out in an e-mail this morning. His reply: Market officially reached the top! How do I know? Easy, BusinessWeek’s cover story (the best contrarian indicator known to man) says “Why the Market Will Keep Going Up”