Countdown to the counterdown. Large and in charge, the bulls have taken the dow to a series of record highs, four in just the last week. Does that mean dow 15,000 is just around the corner . Famed wharton finance professor jeremy segal lays out his dow targets for 2013 and beyond. Is oil about to become an oily mess . Why one chart watcher says oil is about to be dead money, plus his contrarian call on gold. And jcpenney stripped in billions of market caps as the stock plunges in to fouryear lows. A ratings rumble on jcpenney. Countdown to the closing bell starts right now. Liz good afternoon, everybody, im liz claman on monday, its the last hour of trading. Money just keeps pouring into the blue chips but, okay, ill be the one to ask, are we getting set up for a stock bubble to pop, or does this thing just keep charging through record after record . Today the dow is on track to hit its fifth record in a row. Right now weve got it up about 37 points, high this session about 45 points.
intraday high for the dow jones industrials, and yes, it s a record. good afternoon, everybody, i m liz claman. the dow i and the s&p both on track, actually, for new record closing highs. let s get to the floor show, we wanted to bring the traders in immediately to get the sense of what was going on on the floors. we re at the cme, the new york stock exchange, the nymex, we re at nicole petallides eye standby location and a headline from each of you. okay, teddy, if i hear one more person say a correction s coming and yet not here today. well, what i m looking at, liz, is i m looking at no volume, a market that s done 100 points, they re all talking correction, and the tape just keeps going, keeps going north. and i think they ve got a lot of people fooled here, and i think we ve got a lot of shorts trapped pretty good. liz: they re screaming, trying to get out of the quicksand. elliot, same with oil, we re just a few pennies away from being up more than a dollar. what is