Hollywood to as an indicator to the upcoming BEAR!

Here is an interesting article corrolating Hollywood movies about the stock market and Big Bear drops.

Market Top III: Return of the Gecko by Dominick Mazza and Joe Nicholson. The corrolation is between when the market topped in 1987, in 2000 and right now we are possibly looking at a market top and when the movies Wall Street, Boiler Room and now the upcoming film Money Never Sleeps

It is one of those interesting analogies that probably has no corrolation whatso ever and is merely coincidence – well not coincidence because I really do not believe in coincidence but rather if you look at something then you may just find what you are looking for. Then again who ever came up with the idea of looking at movies vs the stock market???

I guess Kevin Bacon’s movie – “Quicksilver” in 1986 although not entirely about the stock market doesn’t count?

The best explanation is in the article about why this occurs –

Of course, big budget Hollywood producers and A-list celebrities don’t like to take big hedge-fund-style risks. When they invest years of work or $100 million in a project, they’re usually pretty sure there’s going to be an audience or they’d never get on board.

What this actually means is that Hollywood is late to the party. The stock market reaches new unexpected really high highs and starts making waves even with the people on the outside. The attention given makes for an audience to watch a film on the markets, but as we who follow the stock market know the noise just brings in the last of the buyers and once all the buyers are in that are going to get in the market then fails and drops like a stone.

So for me this is just another sign that the hype is almost over and the market will have a correction soon.