Time to take profit as market sentiment struggles under geopolitical, valuation and regulatory pressures

Time to take profit as market sentiment struggles under geopolitical, valuation and regulatory pressures. Top 10 reasons why you should take profit... 1 - Sentiment shot after US market drops 300 points, geo political issues continue, new federal budget cuts and financial sector inquiry woes 2 - Positive news from US and China already priced in with interest rate risk 3 - Market valuations stretched while earnings revision not showing green shoots of recovery yet...big caps have already flagged their earnings 4 - Volatility measures on the rise with falling sentiment 5 - House prices are beginning to run out of steam 6 - Easy gains from tax-loss selling done while gold moving 7 - Investors waiting for correction 8 - Regulatory risk with more budget cuts and financial sector inquiry 9 - Global risk rising with Gaza and Ebola having big damage potential 10 - We remain positive long term with short term risks piling up