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12,000 Reasons to Sell
Another milestone for the Dow provides more incentive to take profits.
 
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Posted 8:44 PM EST November 15, 2007
Posted by: ngagnon47
The market is currently at a slight discount. The correction came and than we broke another record and then had a pullback. I think these events are extremely healthy for the market. The market is at 13,000 and it has been a wild ride (up to 14,000). Expect the market to look great for the next 3-5 years.
Posted 3:31 PM EST October 25, 2006
Posted by: gpetro
As I recently asked my broker in so many words, 'if you know so much (nicely, of course) why are you talking to me? Why are you even a broker? Shouldnt you be on a yacht somewhere....?'
Posted 9:43 AM EST October 21, 2006
Posted by: marshman99
the Dow is only one small component of the market, so we shouldn't get overly focused on it to the exclusion of the rest of the market. That said, I too am worried that whatever goes up so quickly, also goes down quickly. Maybe it is time to take some money off the table either through covered calls or outright sales.
Posted 11:16 AM EST October 19, 2006
Posted by: dileepkatta
If we're talking about the Dow, large caps are not going down. While not sure how much the upside is, downside is limited. They have excellent earnings and are still only fairly valued (if not cheap). Besides in a slowing economy, they are less of a risk than small-caps. Most hedge funds are still underinvested in them. In my view, inflation is still the biggest risk...it is still very high regardless of what the Fed says...they have done a horrible job...
Posted 12:57 PM EST October 18, 2006
Posted by: m9431
Always difficult to predict the future, maybe even more so with increased turbulence of world events. Taking a fairly conservative posture some weeks ago, I missed some of the recent run-up. Hopefully we'll see a next 'real' bull market in '08. Of course all we need is some really negative news to quickly change direction and keep the market down for a period of time. What's a long term investor to do? Pay off debts, do your asset allocation, and be sure to keep a money market account.
Posted 7:19 AM EST October 18, 2006
Posted by: ngagnon47
Posted 7:19 AM EST October 18, 2006
Posted by: ngagnon47
I believe that hype can only go so far; it is possible the Dow could reach 12,500 or 13,000 due solely to momentum. However, time is running out on the Dow and within the next month to four months, I expect a drop in the market. I didn't want to be a hog so I got conservative and am attempting to position myself for the next (real) bull market that I believe will start in '08.
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