Cuts Like a Knife

I took it all for granted
But how was I to know
That you'd be letting go
--Bryan Adams

As stock markets chug higher, the under performance anxiety is getting pretty palpable. Increasingly, professionals and retail investors feel the need to get there.

Two scenarios are plausible. One is that more folks jump on the train and higher prices become a self-fulfilling prophecy.

The other is that with sentiment getting giddy, Ms Market is ready to lop some heads.

No edge from where I stand on how to play it. Although today I was tempted to slap on some upside exposure just because it feels like they're going higher.

But chasin' 'em's not my bag.