Very true. The market looked like it was ready to implode in early January (Previously leading stocks seemingly reversing sharply, momentum tech taking heat, emerging markets falling apart) and just when everybody was ready to pull the trigger (and probably some were short already)... nothing happened.. and the market just crawled higher. Happened in November, happened in December. Happened in January. Could well happen 20 more times. You never know if this is _it_ so before we have a few serious down days with heavy follow through volume to the down side you have to give this POS of a market the benefit of the doubt, unfortunately. Until then, THERE IS NO RISK!!!