I agree with you that the market is risky. However, it could stay high
for a long time. From my book Profit from 2017 Market Crash, I recommend
to act fast when technical tells us to exit - currently technical is
fine but not fundamentals.
Here is my market timing result for today's market.
http://bit.ly/2oYhvF0
You
forget one important metric. Obama has increased our national debt to
recent record high. To illustrate, I can make the company look rosy with
all metrics (P/E for example) by borrowing a lot of money. It is
short-term gain but long-term loss as our children who do not have a
voice now have to pay for it.
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