The market has done so well this past year that there is plenty of room to drop should a correction occur. A few hundred points wouldnt be devastating.
I agree with that.
I can’t remember seeing a market over 14 months that looked anything like this. I haven’t seen much except perhaps a day or two of correction during that period.
The last day or so I was nosing around, and it seems just about everyone agrees that indications are, it’s still set to go higher.
Of course there are still those folks who have a program to sell, doomsday is just ahead,... I’ve been seeing those folks out there since I was a kid, 50 years ago.