If this is the case, as you can see, I KNOW there is only one smart thing to do and that is to raise cash. That is what I have recently been doing.

In early 2007 my account when through some volatile stages and is doing the same thing now. With my gf account down almost 3% and my accounts up only 10% YTD after SO MUCH HARD work it is obvious to me the stock market bull market since 2003 is near over. I said this in November and made money as stock came down but so many believed the real bottom was in on March that I guess we all put out “we have topped thesis on hold.” Well it looks to be back on after so many stocks have failed what was starting to look like nice long patterns. The most disturbing failures range from BRKR, BKE, AEHR, ACM, DGLY, along with a few more this year and other stocks like INXI, BLL, ESEA, FALC, and a few others last year. This is my clue that the commodity bull market from 2001, that has most people thinking our dollar will be worthless and gas will be a t $10 very soon, is running into a top in the near future and most of those stocks are nearing tops with their current chart patterns.

Look at weekly charts of the Big Oils, The leittle oils, …