I don't join in much anymore, as this thing is on auto-pilot. this retrace is/was necessary in all accounts. The SP just can't continue to run in "overbought" territory forever. Mark my words, the SP is being moved up very methodically, with stops along the way to allow new investors in and fence sitters out. I am fully loaded and will remain that way for sometime into the future. this retrace is great opportunity for traders or newbies to get in or out.
Cheers!