Markets are close to all time highs and that is worth worrying about.
Monday's Barron has front cover entitled "BLACK MONDAY". This may cause some initial reaction, but, what happened 20 years ago, is not relevant, based on calendar. But, it is still worth noting.
Another article on Seeking Alpha site is worth reading also...
http://seekingalpha.com/article/49696-lack-of-stock-market-breadth-warns-of-danger-ahead
It is pessimistic as the market's breadth is getting getting worse. Last Wednesday, there was a reversal, where a lot of market leaders like BIDU, RIMM, AAPL and others lost 10% of value within a few minutes and then regained the value. I am not sure what caused this reaction, but, I think, it was more than a rumor about BIDU.
So, raise some cash for positions that have stopped going up. Or purchase some puts on weaker indices like IWM or DIA to hedge your exposure to markets.
Best regards...
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