Preppers’ PING!!
It’s way past time to be stocking up. That call happened in 2007. The market was overpriced with almost no attractive PE ratio to be seen, and long term debt out the kazoo.
I’m not worried about the Dow until we hit around 12000, then it’s time to start monitoring and deciding which stocks you want to buy when there’s “blood in the streets” below 10,000 or even worse.
If you are not willing to buy then (selectively), you probably shouldn’t be in the market anyway. Also, never invest more than you are willing to lose. It’ll help you sleep at night, and keep you from turning a paper loss into a real loss.