I think this market is going to decline soon. Some of the things that I follow are pointing towards a decline. Here are the things that I am looking at. 1. Rising bond yield. 2. Junk bond funds unable to make a new high. 3. Nasdaq and Russell not participating as in other rallies. Usually they are leading DOW and S&P. 4. Lots of Bullishness among the advisors. 5. AMTD unable to rally in this run-up. Based on all these factors, a decline is very likely. The question is when. I am not sure (maybe when Blue turns bullish?) but I am going to stay in cash. I do not want to step up here and short here but if I see any weakness I might short some. There is another time based indicator that I follow and that points to a sell-off this week. A close below 1350 in S&P is more likely to happen first than a close above 1500 on a weekly basis. After that the FED will start cutting interest rates and we'll see another run-up like in 99-00. I guess we'll find out soon.