NEW YORK ( TheStreet) -- In this week five years ago, the Dow Industrial Average and S&P 500 set their all time highs at 14,198.10 Dow Industrials and 1576.06 S&P. Many on Wall Street and in the investment community view this anniversary as a non-event as the Nasdaq powered well above its November 2007 high at 2861.51 to a higher high this year at 3196.93 on Sept. 21.I believe there is enough evidence among the performance of the major averages to heed the warning I present today: It is time to book profits and raise cash to at least 50%.
Stocks at Risk on 5th Anniversary of Highs
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