I am confused at how you are viewing my original statement I never said I wasn't selling into the rise. That is why one maintains asset allocation.
My earlier point was simply that the rise is occurring totally divorced from improving the general economic state of a lot of people, which is not what has happened in the past... and the government stimulus is helping investors much more than traditional middle class workers. One doesn't expect this rise to continue and therefore - in my view - maintaining an asset allocation that allows one to sleep at night and not getting caught up in the market "exuberance" is the best way to deal with future unknowns.