Sorry to go on but please have a look at this graph for your consideration. I lost alot in the 07/08 crash and I just want to try to help others be very carteful about this possible upcoming correction. Cash is safest and takes a few days to get into.
http://www.etf-corner.com/.a/6a01053...66d8e17970b-pi
Notice on the SP500 that the FIRST FLOOR phase has been reached and the plunge phase is due soon (in exact relation to the timing of the above)
01/28/2013 – Market Update « Market Weekly Update