What stage are we in for a BULL market?
Basic rule of thumb is a bull market has three legs. The first leg, just throw darts at a chart and anything goes up (2009-2010). 2nd leg there are plenty quality picks just need to do some research (2011-2012). Third leg, it takes a lot of digging to find those quality stocks. Are we at that third leg?
Personally I think we have a couple more years, more because of Bernanke than the "three bull legs."