August is over and September has arrived, signaling the end of summer, so we should begin to see an increase in volume as traders return from holiday. Nouriel Roubini, the notorious New York University professor who predicted the financial crisis, now in the financial forecasting profession, describes the recovery as ''anemic'' and sees a ''big risk'' of a double dip recession. The fact is Wall Street has mounted a comeback of historic proportions, having rallied 50% since March. But during a normal economic recovery, prices of commodities should go up, but that is not happening this time, which is quite strange.

 

Maybe we are not experiencing a normal economic recovery because three more banks failed last week in the US, making eighty four for the year. Could it be that stocks are actually topping here? World Top Investors participants are certainly not shouting ''new bear market''! Does this mean that it is again time to look at short side opportunities, from both trading and investing perspectives?

 

According to contrarian participant Wei Wang of the World Top Investor, in order for stocks to top we need to see maximum optimism, with everyone and their brother fully aware that things can only go up. At the top the true believers have all been converted to specialists. Mariusz Ganczar, the Polish leader of World Top Investor, at the global level is the only one with reasons to be optimistic. With gains of 1074% he consistently adds gains almost every week trading Polish crosses. Hanqui Guo, who was third on the previous edition of the World Top Investor, is already 5º with gains of 151%.