Once again you don't get it. You stated you weren't even in the market back in 2000. You apparently got in a few years ago. You know only an up market. You refuse to short. Long term you'll make money. Year in and year out you'll lag any decent trader and his returns.
US stocks are cheap, and cheaper still now with the $US dollar as low as it is. P/E ratios make quality stocks a steal. And, besides, what other asset classes would you buy into? Gold? Oil? Real estate? Other commodities? Nah, stocks are the pick of the crop. Fundies will try to hammer prices before pushing the market higher to earn their Xmas bonuses. Buy the dips. Cheers, Muddy Farmer