[quote=FormerSanDiegan]Now is a great time to be dollar cost averaging into the market. Many stocks are at P/E ratios not seen since Peter Lynch’s hey-day.

However, I am definitely not amping up my stock allocation or going “all in” or even in large chunks. Too many things can still go wrong to do that.

I don’t know if the stock market will pick up in 2009, 2010 or 2011, but I am betting that 10 years from now it will be largely higher than today.
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I would be extremely careful with investing in stocks right now as a lot more bad news will be coming. Once people realize that the new administration will not be able to have a solution for a quick fix the stock market will take another dive. I wouldn’t be surprised if the Dow goes down another 1,000 points before recovering.