Greenlight Capital’s David Einhorn just called the top in stocks, and gave 10 reasons why tech is in a bubble

Greenlight Capital’s David Einhorn just called the top in stocks, and gave 10 reasons why tech is in a bubble

Greenlight Capital president David Einhorn.

REUTERS/Brendan McDermid

September 2 was the top in the stock market, hedge fund investor David Einhorn argued in Greenlight Capital's third quarter letter.According to Einhorn, the market is in the midst of a bubble driven by technology stocks, and that bubble "has already popped.""What matters in a bubble is market psychology, not valuation. Valuation is irrelevant; that'swhat makes it a bubble," Einhorn said.Here are 10 reasons why technology stocks are in a bubble, according to Einhorn.Visit the Business Insider homepage for more stories.

The top in the stock market is in, according to hedge fund investor David Einhorn.

In Greenlight Capital's third quarter letter, Einhorn offered 10 reasons technology stocks are in a bubble that "has already popped."

"Bubbles tend to topple under their own weight," Einhorn explained, adding