Hangin' Out

I'm 100% cash, waiting to see how far the bulls can push things up.

Uncle Ben Bernanke is supposed to speak and rescue this market somehow...even though he has done everything in his power to prop up the market already.

But near term, the bulls have the initiative. For me, the risk/reward of going long just isn't there. So I am bravely sitting on my hands.

I plan on throwing up some charts after the close. Healthspring is starting to make me nervous.