Dow Above 14,000: Market Peak Or New Leg Up?

[Financial Safety and Privacy Services commentary: the nice thing about USA Today's article title:"Dow above 14,000: Market peak or new leg up"  is it's revealed uncertainty about the future condition of the stock market- is it a peak { suggesting a decline from here,as "expert" Chris Martenson predicts}, or is it the start of some large move upwards? 

This particular articles implied uncertainty about future conditions in the stock market is a good thing. 

All markets are inherently uncertain, as are all future market  conditions, regardless of whether one is talking about stocks, bonds, precious metals, real estate, or some other market within "the market" for all goods/services. 

Therefor, it makes sense to only risk money you can genuinely afford to lose on any bet on whether or not the stock market will actually go up or down from here - to in fact treat your "investment" in the stock market as a pure speculation, in other words. 

Speculation Rule#1 is to always only use money to speculate with that you can afford to lose should things go wrong. Meanwhile, money that you cannot afford to lose should be kept in a fully diversified long term savings plan that does not try to predict the future state of any "investment" market within "the market", that is, within the general market for all goods and services and all classes of assets {i.e. stocks, bonds, real estate, cash, precious metals etc.} .Regards, onebornfree. ] : 

USA Today 02/02/13:

Original article: "Dow above 14,000: Market peak or new leg up? : 

 Excerpt:.... "When it comes to big, round numbers with major investment significance, 14,000 is as big as it gets for the Dow Jones industrial average.

Indeed, Dow 14,000 is back in play and in the headlines after the iconic 117-year-old blue chip index topped that lofty milestone Friday for the first time since October 2007.

The move pushed the world's best-known stock gauge up 149.21 points to close at 14,009.79, for its best level since the 2008 financial crisis. The benchmark index is not far from its Oct. 9, 2007, all-time high of 14,164.53 and the move is prompting talk of a new peak, and even Dow 15,000.
The Dow is now up 6.9% in 2013 and has rallied 114% since the bear market low in March 2009...."

*****************************

FINANCIAL SAFETY SERVICES DISCLAIMER:

Financial Safety Services is NOT an investment advisory service. Financial Safety Services is an educational service that teaches the interested individual non-original [i.e. invented by others far more intelligent than myself], time-tested safe methods/principles that might be successfully used by the individual for relatively low risk speculations in various financial markets.

ACCURACY OF INFORMATION : Financial Safety Services MAKES NO CLAIMS AS TO THE ACCURACY OF ANY INFORMATION EITHER GIVEN AT THIS BLOG SITE, OR IN PERSON TO PAYING CLIENTS. All information given/sold, must be understood to have been acted on AT THE INDIVIDUALS OWN RISK .

********************************************************************

More About Financial Safety Services

[Free phone consultations via "Skype". To set a time/date email: onebornfreeatyahoodotcom ]

Financial Safety Services is a private , mostly off-line, international, person to person consulting service that attempts to show its real-time [i.e. non-internet derived] clients how to speculate safely with money that they can afford to lose. Money that the client cannot afford to lose should never be risked in these speculations

For more than 20 years, nearly all of Financial Safety Services clients to date have been found via direct [i.e off-line, in-person] referral from previously satisfied clients only.

No attempts are made to procure clientele via the selling of the sporadic, deliberately incomplete online information posted at this site. All valuable information is sold to clients, via e-mail, or preferably in person, on a "need to know" customized basis, depending on their specific speculative wants/needs.

Therefor any/all posts at this site are for the reference and possible benefit of pre-existing , real-world, paying clients only as part of my services [and to perhaps help emphasize a particular point I make to them in private], and never for the benefit of the general reading public and casual internet reader at large.

Internet posts arer not made on a regular schedule in order to build an on-line audience; only when I feel that so doing is beneficial to my actual existing clientele.

I have no interest in gaining clients first hand from any posts made either here or elsewhere [if it happens, it happens!] - as I previously stated, to date [20 years+], nearly all of my previous clients have come to me via direct, in-person referral from other satisfied clients- that is, [1]an existing client personally recommends my services to a close friend, [2] the friend contacts me, [3]we discuss their wants/needs, [4] I make a decision as to whether or not I can really help them, [5] We come to a financial agreement- or not :-) .

None- Client Questions?

Should a casual reader/none client have a serious question about an assertion I make on this site, they must write to me at: onebornfreeatyahoodotcom and I will do my best to answer their question. Their first question will usually be answered for free. After that, fees may apply.

Current Client Questions.

All existing, paying client questions are of course, answered for free [usually via private e-mail]- it is part of the service!

onebornfreeatyahoodotcom

Regards, onebornfree