You have a lot of things to worry about these days. But other than the short term, stock markets are not likely going to be one of them. This chart of the DOW shows the rapid rise in the indice since around 1982 when it last posted a 1000 points. The rocket ride since then has seen it increase by 3600% in the past 40 odd years. Today I thought I would put up this chart for reflection since this one shows the bull channel clearly. We can readily see that the DOW could drop thousands of points and still be comfortably inside its rising channel. The interpretation is that it will therefore keep marching higher (in the big picture) despite the inevitability of a large pullback. I can forecast as high as 43,000 although it may go higher yet afterwards. So the strategy over time is not necessarily to sell your positions in fear or panic but rather to hedge them periodically against possible instability. My expectation is for much loftier highs in the next few years. Correction first…..run to new highs later in other words. Its not going to be a popular viewpoint and you may doubt it. But where else will money go if debt markets get shaken?