Charles Crane
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"Charles Spencer Crane" was a businessman and politician in Hawaii.

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If there's any doubt about this bull market's stamina, yesterday should have quieted some of those doubts. There was no news, positive or negative, in the marketplace. And yet the Dow rose to an all-time high and the broader market was strong as well.

We've had a lot of good news in the last couple of months. Most recently, we had the Fed hold the line, we had another employment report that was reasonable and now we've had gold plunge -- all of which have been encouraging to the bond market. Stocks have come along with the bond market.

Most analysts expect it to be a bumpy earnings season. A few negative surprises could cause a little indigestion for stocks.

Investors you should buy a mix of both old and new economy stocks. I don't think you should stick all of your eggs in any one style basket these days. I would also spread my risk between small stocks and large stocks.

The market is extremely high-strung right now and it's going to react excessively to any news, good or bad. Next week is what I consider to be one of the market's critical weeks. It's going to be a busy week.

There doesn't seem to be any one trigger. The idea of technology being such a high growth area is true but maybe revenue growth isn't as robust as anticipated. It's more one of anxiety by investors that evidence is mounting the Fed may need to be more aggressive.

We've seen a lot of jumping around in stocks the last three or four sessions, and I think we'll see more of the same next week.

Next week I'm keeping my fingers crossed that the bulls will come back from the beach and do a little buying.

My broad advice is to concentrate on individual issues as opposed to trying to predict where the market is going. Making market calls is of very little value whatsoever.