Not liking the action in IBM today with a nod to the market rally getting old. IBM = source of funds. Likewise, letting go of half my position in AKAM.
Took out initial positions in GSG (commodity ETF heavily weighted in oil) and DBB (base metals ETF).
Now plenty of cash to add or initate positions on a pull back.
Not enthused about US stocks in general due to valuations, polical concerns, currency devaluation, bad economic policies, etc.
In general I like da BRIC, emerging markets, and commodities. Partial to Australia and Canada due to natural resources in the developed world.