When Bernanke shuts off the spigot, then that will be the signal to get out. At this point, the Obama administration will continue to slow the economy with taxes, regs, and debt. There is no end in sight as Obama care, piece by piece, begins to cut into the potential for job growth. Job participation rate is at all-time lows and will continue to slide. Thus, inflation will not take off. If it somehow turns around despite the government, then inflation will kick in and that is the other signal as investors will stampede to precious metals and Bernanke will have to pull back on printing or risk huge inflation. For now, the market will feed off of easy money, large corp buy backs, and relatively decent earnings from trimming down jobs.