Ralph Acampora is not looking forward to next year. While Altaira's director of technical analysis is bullish into the end of 2013, he fears that a year-end rally could set stocks up for a painful 2014.
"2014 is a year that we should have some sort of a decline," Acampora said on CNBC.
Acampora, often known as the godfather of technical analysis, then went on to enumerate the three reasons that next year makes him so nervous.
Reason one: The market will be overextended.
Reason two: Fundamentals will come back to the fore.
Reason three: Tapering could come sooner than everyone thinks