I'm thinking along the same lines too...Even though I don't follow them religiously,I do watch seasonality patterns. And make no mistake, if the market tanks, everything is going with it (even gold temporarily,my opinion)...The question for me is what is the best possible upside scenario,versus the worst possible downside scenario,and on that basis alone I can't be fully invested...I feel that many are still invested HOPING to get even,rather than on solid fundamentals,and it won't take much to get them running. So I guess,I am preparing my summer exit,but lingering in the doorway...cheers