Safe Unsecured

We can go where we want to 
A place where they will never find
And we can act like we come from out of this world
Leave the real one far behind
--Men Without Hats

Yesterday, the Dow touched a new all time high on an intraday basis...

While the Nasdaq dropped into official 'correction' territory when it closed 10% off its recent highs.

When racier stocks are sold in favor of more conservative names, it often signals that risk appetites are waning among market participants. And that rallies are getting long in the tooth.