Crystal Ball

What I see happening - considering that IBD's changed it's tune just after 3 strong days, I guess we can expect a near term correction - about 5-6% easily, in a couple of weeks. Basically, we're going to keep moving sideways for a couple of years atleast. Institutional buying will keep moving new leaders up, but you want to protect your capital always.

Taking off. Catch it Before it's Too Late

CHK

Time.. .. Maybe?

To start getting ready to move out of cash? Wait for a dip, and then get it. IBD still has an "in correction" outlook. MO and HON are out of the Dow Feb 19. BAC and Chevron will get in.

Watch NEU - super strength - why do they wait so long to tell us? Mutual fund ownership has been stagnant though.

90% of winning stocks build their bases during a market correction.
CRM is riding it's 200 day.
What else I've noticed - solar is starting to ride it's 200 day. Just look at JASO, FSLR and STP.
And how about KWK! It's off already. Got my J2T account in the black:) You need to get one of those - a zecco account that gives you 10 free trades a month, and a J2T account you use after that to get trades at 2.50 each. And, did I mention Scottrade is the best for mutual funds? If you plan to have only mutual funds in your IRA - go with ST - they have great research available and good charts too.

What Was That?

The worst drop in a year. That's what. If you had been watching important stocks approach their 50, 100 or 200 day averages, from the bottom, you would not have been one bit surprised. There will be a somewhat biggish dip in the next couple days, and then we should move sideways for about 3 years.

Love your stock? Have spare money in your IRA or 401(k)? Then help yourself. Sell down positions in your regular brokerage and buy back in your tax-exempt accounts.

What's held up really well for me? SID. Wish I had PBR:(