Are your supposed to be confused?

Barron’s publishes two  major articles this week.  The cover story is that the big money aided by their financial advisors,are getting back in risky assets with a vengeance.  See Seeking Higher Returns

By KAREN HUBE

via Seeking Higher Returns – Barrons.com.

The next article by regular columnist Up and Down Wall Street’s Randall Forsyth states that when magazine covers herald a bull market it’s a reliable indicator that it’s over and the opposite is about to happen.  Beware the Bull .

Who are you supposed to believe?  The financial advisors that missed the enormous run from the bottom that has doubled the S&P 500 or the reliable contra NewsWeek Cover indicator.  I would have to say that until proven otherwise the bull still runs although there is now a lot that can go wrong since Ben Bernanke, magician in chief, is leaving.   There is no doubt in my mind that the markets would not be where they were if not for the bold and unprecedented actions of our Federal Reserve chairman.  The odds on winner, Larry Summers, is not likely to provide as comforting a presence as gentle Ben.