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Your call. I'm holding. I'm making money every day.
No you're not - you don't make a penny until you sell.
The "Secret" investing is "buy low sell high". The worst thing to do is "buy high sell low". A glance at that chart suggests we're a lot closer to high than low, unless you see some major driver to force the market higher, and I don't see it.
There won't any major cash entering the market to cause a repeat of the '90s. The federal budget deficits will force interest rates a lot higher. The profit outlook in the market is murky at best.
The chart reflects markets having recovered. But starting from *here* it's hard to see what drives things forward. If Washington gets serious about unemployment I'd be more optimistic, but it still doesn't seem to be a priority for the White House.
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"If they can't picture me with a knife, forcing them to strip in an alley, I don't want any part of it. It's humiliating." - windsock
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