Just 30 points away from Dow 20K!
It looks like it's still going up from there. The analysts are nearly universal in 21K predictions sometime in the first quarter of 2018. Even Harry Dent, who ALWAYS talks about an imminent stock market crash to 10K has now said he expects at least 21K. He still expects his big crash, but even he is positive of a continued rally past 21K.
I expect at least a pullback after the emotion driven "magic even number" of 20K, just from people taking profits, but it looks like that will just be a small short dip before another rally. I'm probably going to still take some profits in my individual stocks after January, and then also move a little bit out of stocks in my retirement accounts.
I'll likely miss some of the ride, but there's going to have to be a drop at some point (maybe not a Harry Dent drop, but a drop) later next year. Now that I'm getting ready to use my retirement investment funds as income, I'm leaning conservative and protective. If there's a big drop, I'll realign and drop back in, at least on my taxable funds.
