DOW 10,000

We have to say, getting to 10,000 the second day of earnings season is a little nerve wracking.  We were totally prepared to be there by the end of earnings season...say the second week of November...but right now...before October 15th is a little scary.  I understand that technically, we can really get to 10,300 before we have technical concerns.  And, it's very possible that 10,000 becomes psychological support for the market.  But, we find ourselves looking to join the "too far too fast" camp.  Don't get us wrong, we're long...really long, but we have cash set aside for a correction.  We liked Jon Najarian's call to sell off into the close today, then we could take our time and get above 10,000 in the DOW next week.  Then there's the possibility that we're going to break out from here and run a little further, especially after we see earnings from Goldman Sachs and Bank of America.  If you haven't diversified, bought some currencies, gotten some foreign holdings, bought a little commodities, get fancy with some bond funds or ETFs; especially if you've been on this ride like we have since March...take a little off the top here.  No one ever got hurt taking a profit.  It's a little nosebleed territory right here.  So, do your homework, be careful out there and by gosh, have some stops in place so that you take profit home if this thing turns down.  Because, unlike at DOW 9,000...there's a lot more room to go down from 10,000.