Home Forums Hunting & Shooting Hunter's Campfire Dow at 14000!.....

Land gold and guns are the traditional inflation hedges.

Market corrections can be, have been, and will be devastating on occasion.

We all know this current market number is based on Fed printing presses running wide open, and that hyperinflation is the way Republics fail, so see the first line of my post again.

He is a college professor therefore he cannot so he teaches.

They don't "teach", they indoctrinate nowadays. This just follows the communist protocol.

Obama says it's Bush's fault..............

It is a matter of about a dozen left clicks and I am fully out of the market in a day or so. I have done it, and more than once. Finished up 14% last year and am at a click over 4% YTD 2013. Housing, transportation, automotive have and are good, China is now in the mix now as is Australia/Indonesia. I believe there is still money to be made in 2013.

U.S. stock momentum stalls on pullback concern

MARKETWATCH 8:58 AM ET 2/13/2013

Symbol Last Price Change
GE 23.39 +0.81 (+3.59%)
CMCSA 39.91 +0.94 (+2.41%)
MCD 93.97 -1.13 (-1.19%)
KO 37.12 -0.44 (-1.17%)
DE 90.7 -3.27 (-3.48%)

QUOTES AS OF 03:26:17 PM ET 02/13/2013

SAN FRANCISCO (MarketWatch) -- U.S. stocks pulled back on
Wednesday as some investors anticipated an overdue correction
to a market that has run up to multi-year highs over the past
several weeks.

The Dow Jones Industrial Average fell 63.10 points, or 0.5%, to
13,955.60, after venturing higher to 14,029.35 earlier in the
session.

General Electric Co. (GE) was the biggest gainer on the Dow,
with shares up 3.3% to $23.32, following an announcement it
would sell the rest of its stake in NBCUniversal for $16.7
billion to Comcast Corp.(CMCSA) . Comcast(CMCSA) and GE were
among the top gainers in the S&P 500.

A significant drag on the price-weighted index, however, was
shares of fast-food giant McDonald's Corp(MCD). Shares dropped
1.3% to $93.91. Coca-Cola Co.(KO) shares were the Dow's worst
performer, down 1.4% at $37.05. While there was some
speculation that a call from President Barack Obama to raise
the federal minimum wage to $9 an hour from $7.25 weighed on
McDonald's(MCD) shares, analysts generally dismissed it as
being a factor.

Following a 6% run-up in markets in January, stocks over the
past week have traded mostly sideways, as investors anticipate
some sort of correction.

Those investors are most likely the ones who missed out on the
December-January rally following a surprisingly positive
earnings season, said Brian Belski, chief investment
strategist at BMO Capital Markets.

"It's really important to say that people looking for a
pullback are the ones who missed the move [up] in the first
place," Belski said. "It's increasingly dangerous to be
diagnosing short-term market moves."

Still, investors aren't seeing the momentum from the prior
session, when the Dow rose 47.46 points, or 0.3%, to close at
14,018.70, a five-year high.

The S&P 500 index fluctuated between slight gains and losses,
falling 2.09 points, or 0.1%, to 1,517.34, in recent activity.
The index touched an earlier intraday high of 1,524.70, with
financials and telecom stocks the biggest losers and
industrials and materials the leading gainers among the 10
major industry groups.

The Nasdaq Composite Index flirted with going negative, gaining
2.23 points, or less than 0.1%, to 3,188.72, in recent
activity. The Nasdaq index touched an intra-day high 3,205.52
earlier.

Whether market momentum will continue or result in a sell-off
is hard to predict. Much of the smart money has boosted long
positions into equities lately, according to a recent report
from Bank of America Merrill Lynch.

"You're seeing lots of macro hedge funds more allocated toward
stocks," said Bill Stone, chief investment strategist at PNC
Wealth Management.

While investors who missed out on the rally may be the ones
hoping for a pullback, the fact that a pullback hasn't
happened in a while is difficult to ignore.

According to Stone, the broader stock market has gone 60
trading days without a 5% pullback, and 342 trading days
without a 10% pullback. That's compared with an average 49
trading days for a 5% pullback, and 161 trading days for a 10%
pullback, using data going back to the 1920s, Stone said.

Along those lines, not only did Goldman Sachs downgrade its
short-term outlook on stocks earlier in the week but UBS is
saying that stocks are overbought. Read: Another canary in the
coalmine saying near-term stock outlook is shaky.

Advancing stocks outpaced decliners about 16 to 14 on the NYSE,
while decliners outnumbered advancers by 12 to 11 on the
Nasdaq. Composite volume for NYSE-listed stocks topped 2.5
billion shares, and 1.4 billion shares for Nasdaq-listed
stocks.

Before the opening bell, data showed that U.S. retail sales
rose a seasonally adjusted 0.1% in January, which was broadly
in line with expectations. The data indicated that a tax
increase at the beginning of the year has started to affect
consumers.

In Washington, President Barack Obama delivered the State of
the Union address on Tuesday evening. The president called on
lawmakers to come together and end the "manufactured" crisis
over the federal budget deficit, while also urging Congress to
raise the minimum wage to $9 an hour from the current $7.25
rate.

In other corporate news, Deere & Co.(DE) said
fiscal-first-quarter earnings rose to $1.65 a share from $1.30
a year earlier. The company's shares, however, dropped 3.1%.

In the bond market, yields on 10-year Treasury notes rose five
basis points to 2.03%, following a $24 billion auction of
10-year notes at a yield of 2.046%.

It's a house of cards and deception. Steer clear IMO.

I'm with you, all cash in my retirement fund now. %4 in one month is pretty nuts, I'm locking in those gains. If I can make another 6% the rest of the year I'll be happy. That's RTI, not including what I'm adding in.


If I can keep it up and turn it into enough rental properties, I can retire pretty well in another 6-8 years(45 now).

In a market/economy like this, trailing stops work well for your stocks. Multiple "left clicks" are far too slow nowadays with the hyper-programmatic trading platforms that are being used by the big boys and girls.

edited fer spellun.