As you can tell from my comments above, I am NOT sitting on the sidelines now. I am fully invested. However, there are intelligent ways to invest and unintelligent ways to invest. Right now from April to April, I’m sitting on 25% to 30% gains for my clients, not too shabby of a year in a year that I see as a quiet year. However, when I express pessimism against the perpetual bulls, you must understand that the pessimism is directed to traditional stocks that have made huge runs already. While some sectors are closer to peaking than not, others are only getting started. If you aren’t in already in traditional stocks that have made some good runs, it’s foolish to get in without waiting for a dip as you need to consider your risk reward set up in traditional sectors of investing. I think you are someome that would benefit from Module 16, a module I don’t believe you subscribed to. You don ‘t necessarily need to add it, but I would recommend you learn how to asses risk-reward setups for stocks so that you don’t purchase near probably tops. Of my current portfolios I manage, I would estimate that I have less than 2.5% of my portfolio in U.S. stocks and they will remain that way until circumstances change if they change. I highly doubt I could have earned 25% to 30% gains in the past 12 months all in U.S. stocks. So the key is that somewhere in the world, there are always strong opportunties in the stock market. They may just not be in your home country. My recent railings against the financial media are more because they are almost always positive about their home domestic markets where many times, it is much better to look outside your domestic market for opportunities. My strategies don’t center around just being involved in markets that you are familiar with, but to broaden one’s perspective to find the best opportunities in the world and then focus your attention there. Also, much of this strong bullishness (in the U.S. media) center around traditional stocks that appear to be much closer to the tops of their runs than not. It’s not that I don’t think you can make money by joining in the run, but since the probabilities are against you, it’s best to look for ignored assets that are more likely very close to the beginnings of their runs. Consider the two nano stocks I sent in our member only reports. Both those stocks have made nice runs recently and no one is talking about nano right now at all. So there you are on the right track. There are plenty of other asset classes I discuss in our member modules as well that are performing very well but not mentioned at all in the media. These are the ones I would focus on as they offer much better risk reward scenarios than stocks that may be much closer to the tops of their runs.