On the macro look there's decent economic data to suggest 2012 will be a good year, however euro problems are still there to suggest more bearish thought.

Excerpt from Cabot Wealth Advisory:

On the topic of the current market, I wanted to relay some data from an interesting study we did last week. It answers the simple question: "What happens in the market during the year or two following a very flat year?" I really didn't know what we'd find, if anything, but the results turned out to be encouraging.

First, I looked for all the years when the S&P 500 finished the year with a return of between +3% and -3% (including dividends). As it turned out, there were only six years that fit that description since 1928, and that's if you included 1990 which returned -3.1%. So I broadened the search for results between +5% and -5%. Using that parameter, we got nine results (not including 2011, which was flat).

Then I looked at what happened during the year or two following those lackluster years. Here's what I found:

The year following a very flat year averaged a whopping 26% return, with eight of the nine years producing positive results. The only down year returned -10%, while all of the positive years returned at least 14%. So that was good to see.

Although many of us are looking for CUU to be sold so we can get out of the market before a potential market collapse, it may not be that bad although obviously past performance is not indicitive of future results, and I don't think that some of the "if we're not sold by X, we should get out and buy back cheaper" thinking is warranted. If the markets do crash though it would definitely be nice to have this thing sold, so we can use those profits to buy the bottom of the market.

This question was asked before, but I didn't see the greatest response. What do you plan on reinvesting your profits into? Or do you plan on holding on to cash for a bit till things settle? Although, obviously it depends on when this thing gets sold (assuming that's still the plan) and how the markets and your watchlist stocks act from now till then.