With the Dow Jones Industrial Average currently at an all-time high, it is not unusual to see and hear comments about some form of a market pullback. Markets don’t just keep continually going up and up in a straight line. Their charts look more like saw teeth that a rocket trajectory.  Several observations are appropriate at this point. First of all, stock prices in general are not at bubble prices levels and there is no indication of any speculative activity. Prices are only slightly ab...