The DOW is only a handful of stocks............I prefer a much broader index. Also, P/E is much more important than the DOW (to me) .

Unless there is a hiccup and they decide to wait until 2016 - just like they did in 2012, 2013, and 2014.

Z

Happy Birthday

I think you hit it. You can not time the market. The key is not to have to sell shares when the market is down.

Thank you!!

Z

I have observed the market does goes down a bit after reaching a new high.

I am sure this Friday, we will probably see a slight dip of 200 points or so as people take profits out of the market. I personally don't believe in trying to time the market. When it goes down, the inclination is to sell but then most people miss the upswings.

Buy low and sell high is a nice theory but how many people make money off of the swings in the market? GOD bless those that do, as they are geniuses.

Two weeks ago it dropped 1,000 points and the following week, it went up a little more than a 1,000 points.

I am hoping it will rise to 20,000. Then it will be interested to see if it goes up further, or start heading down for a correction.

Google the dows historical track through today.
It goes up and goes down. BUT the trend over the years has ALWAYS been up!

As for not being able to discuss the Dow without embarking into politics.....the minority opinion is noted.

A diversified portfolio based on risk and age ........has worked foe me (and many others) for many years. And as long as interest rates remain pitifully low, the market offers the best return.

That's in part because the big investors all pull their profits and secondly investors are searching for more clues on how the market will react but by time they figure it out its already incorporated.

As long as the junkies continue to get their fixes the market and all the other bubbles will do well. But eventually the patient OD's. Vanguard tells me I should be 87% stocks 13% Bonds and 0% Cash. My 92 year old in-laws are told by Vanguard to keep only 10% in Cash!!! When Bubbles last this long people begin to believe they are the norm! Very dangerous in my opinion or as the young people say IMHO.

You can get as much as 1% on a high yield savings account if you shop around.

Look for internet banks. Discover had 0.8 last I looked. They are easy to use.

The DOW is now below 18,000. Where will it be at the close of 2015?

Anybody hazard a guess?