First of all, "everything" isn't at all times highs...the S&P for example, is significantl lower than it was SIX YEARS AGO!!!!
The current negativity means, to me, that we've much more upside in store...perhaps after more of a correction, perhaps not....that's what it means to me......I wouldn't want to be short here....but that's me...and what makes a horserace, er, or a market...