Agree… With MMF's paying ~5%, what's the lure of stocks? Seems to me that even the rosiest bull has got to admit that anything over 8% is unlikely – so why assume the extra risk for the fleeting chance of an extra 3% return?
I'm not only ENTIRELY out of equities but have bought MYY (short sells mid-caps) and bought a few cheap puts on QQQQ (need pretty big drop to make any $$$) and some more realistic puts on DJX – all with a Dec-Jan expiration.
