I agree that being in mostly cash is not a bad idea these days as I look at 200 stocks each day and find hardly one in a week that meets my buy criteria.
There are a ton of good stocks out there but nearly all are way overbought and thus too risky for my style as a result. I'm mostly on the sidelines now too, with only some old faves including PIXR(not for long)and NVDA and a few trading stocks. Even sold my AAPL after 8 years. Waiting for better days and better buys.
Nice to hear from you again. Market is pretty miserable right now, new highs or not. UNH is taking it on the chin. There's a weak one with many, many hopefuls over there. They may all turn around again someday. For now I'll watch and wait for some confirmation of that. I won't mind giving up a few points to see something positive happen for a change.