I have to agree...As long as Bernanke keeps pumping the system, we will continue upward.
But as soon as he stops priming the pump, we will see the large correction..How large ? That is speculation..And when ? More speculation.
I got out and back in from 2007 to 2009 and missed taking a large hit..I plan to do the same..
I still own my Precious metals and I am scaling back on Bonds.
But I am also ready to move larger sums when what I think the BIG correction begins.
Then buy back at a lower price...Last time in 2009 it was a Fire sale at 55% off.
It is not a time for a guy like me who lives off the money to set it and forget it...