I know where Tishenforf is coming from - this is a tough, grinding, consolidating market - especially in the PMs. The easy money has indeed been made - for now. Everybody has their own style - he seems to like the high fliers. Right now, the high fliers seem vulnerable, so I always sell portions of anything I own that has a quick move up.
I think going to cash when things are tough is always a good idea. There have been times I wish I had done likewise.