Look at these breakouts! There are so many of them they are hard to count. You see Qualcomm (QCOM) making its big move, having just fallen to $64 last week on worries about China. (Qualcomm is part of TheStreet's Dividend Stock Advisor portfolio.)
You have IBM (IBM) taking out this year's highs.
And the growth oils are trying to take out their best levels.
All in one day. Yet as I said in one of today's videos, every time the Dow gets near 20,000, we are going to sell off.
It's just the kind of program selling you have to get used to.
Don't think anything of it. Pick the right stocks and you will be fine. Sell the extended ones if you have to.
But remember, Dow 20,000, as unimportant as it should be, will matter and many people will want to sell each time we get near it because it does scream "top" to so many.
Don't be that narrow. Just think about what's worth owning and forget about it even as others certainly won't let you do so because it is a historic marker -- whether we care or like it or not.