General Electric's report also revealed signs of credit weakness. The conglomerate's profit dropped 44 percent,

Bank of America loses $2.24B as loan losses rise

The federal budget deficit has surged to an all-time high of $1.42 trillion

     Listen to the headlines and don't get caught in the long in the tooth market runup. Sure the correction might have been to sharp to sudden last winter/spring, however this recent run has also gone way too far. Injected by government liquidity, big banks and investment firms pushed stocks around to achieve this run.

     We are not in a new bull market, we are in a long term bear market. Stocks do not rise 50-100% in bear markets. Take your profits as yu can but don't get caught holding long term for DOW 15,000, you won't see it. Unemployment is still climbing, job creation is a facade. Consumers are stingy if not down right saving their cash and last i checked gun shops were still selling out of ammo. The government is printing and spending money faster than the presses can print it. the stock market crash of 1929 actually didnt reach it's lowest point til 1-2 years after the initial crash. the Dow closed at 230 on October 29th 1929, in July of 1932 the Dow closed at 41.