Is this a 2008-2009 redux? The markets may have entered the area of extreme exuberance. No one can time the exact top or bottom thats why it is prudent to keep an appropriate asset allocation given your risk tolerance. Those stock, bond, & mutual fund positions that are not performing in this market should be reallocated to better opportunities. Let your winners run and dump the dogs with fleas.
Stock & Bond Market Continues to Rally!
Next post: Bond bust on the horizon!