I for one have rode this bucking bronco long enough and as of Monday I moved ALL investments into a "Money Market U.S. Treasury Fund", not sure if this is the correct place to park both my cash accounts and retirement accounts but for now this is what I am doing. What with all of the turmoil in Europe and even here at home with the riots and sit-ins I am very fearful of what is to come next. I think there might be one more market rally (suckers rally) before years end and then we are heading for much bigger problems and higher unemployment, I think it could be 3 or 4 more years be for its time to get back into the market.
Gold is not a buy at this time although it might become so if there is a large enough of pull back.
Anyway my thoughts on what is going to happen.
ESW