Time to get out the popcorn.  

because I agree with you.  If you take the 18xP/E of the markets with the fact that Trump's business-friendly plans are being sabotaged by, well, Trump, I'd say the markets are ripe for a major correction.  I am trimming the equities from my portfolio right now.  Taking some profits and going to only 1/3 of my massive wealth in equities.  In a few months I may dial it back to 25%.

Bobby Axe's fault.

Don't let your guard down Jake. His next move will be to lure you to a public location and BAM. Next thing you know it's crawling with undercover police cars.

I'm 97% in equities - the vast majority of which are tech stocks.

at the risk of agreeing with Chicken Little. I'd be sitting with my finger poised over the sell button as the market is being fueled by the emotion of optimism and that optimism could change with a single tweet from the Tweeter in Charge. lol

Well, Gambler, there's hope for you after all!  I was all set to give up on you and your neocon views etc.  
The challenge is Trump.
(A) you can't trust what he says - I've come to believe the opposite of what he says actually.  
(B) when Trump does try and do what he says, he'll often times runs into a brick wall, aka Republican Congress.  Impossible to guess what'll happen w/budget, trade policies etc.  It's like guessing who will win this years Kentucky Derby

I was 91% in equities last week.  Only 25 % now.  I have had a good run since march of 2009.

Since you tend to shop at the bottom of the barrel I bet by cashing out 66% of your net worth, you are now most likely able to afford TWO $200 hookers. Congratulations, you are an inspiration to all of us.

What worries me more than high P/E ratios are THAAD, N.Korea, Russia etc. and Trump knowing the nuclear codes.

Its in a multiple of 6 figures.

It was hard for me to pull the trigger last Friday. But I had to do it. I learned my lesson from 2000-2003 bear market. It did not go down as much as 2008-2009 but was far worst for buy and hold type investing. It took me 1.5 years to recover from 2008-2009. But money put in the market before 2000 that money did not recover until late 2012. This coming bear could be a long cycle bear market.

He doesn't shop at all. Look at his review history. He'd be better off reviewing the local police departments he works with to rat out other mongers.

Wars means jobs need more military people, wars means jobs for manufacturing companies - gotta make the weapons.  Wars means jobs for healthcare people - gotta take care of the vets.

Many stocks are are 52 week lows. Not a good sign. Have we already had a melt up who knows ? If we have a melt up a bear market is sure to come.  

This was an enlightening article. Maybe it is the wealth effect that causes guys to want to spend more the hobby thus take make trading bubble risks to pay for the hobby. I don't know about you but feel like it was 2007/2008 happy days before the 2008/2009 bear market.  
http://www.dailymail.co.uk/sciencetech/article-4273282/Market-bubbles-caused-trader-s-testosterone-levels.html

The stock market is in a bubble. If it crashes I am sure he will be saying "I told you so". It was funny during election night that the dow futures were down 700 points. Since then we have been in a melt up, imho.