are still working, maybe we'll quit our jobs in the next year. I must be a premature member of the dirty old man club, because I tend to think along the lines of Ha: watch valuation more than anything. The junk bond (and pretty much all bond) market is getting over-valued, but I don't as of yet see it in the equity market. __________________ "To be a man means that you are brave, loyal and true. When you are in the wrong, you own up and take your punishment. You don't take advantage of women. As a husband, you support and protect your wife and children. You are gracious in victory and a good sport in defeat. Your word is your bond. Your handshake is as good as your word... When the ship goes down, you put the women and children into the lifeboats and wave good-bye with a smile." C Murray Alright boys and girls, I am going to change my asset allocation to 40% bonds because I see no major upside in the next 6 months in equities. Even if stock prices stayed flat or dipped, wouldn't your dividend yield in equities come pretty close to matching your bond yields? A dip in stock prices is just that--you'll be even again when they go up. I just can't see a great case for bonds right now. Factor which might improve stock prices in the next 6 months: A resolution to "fiscal cliff" situation. Alright boys and girls, I