Time to put some money into equities

In my first posting I talked about putting money to work over the next six months in three "slugs" when the market is at least 5% off a recent high. The S&P 500 is 11% off its recent high as I write this. As I continue to talk to investors, the dominant theme continues to be fear. I would buy some stock today.

As an aside, my account finally transferred to Schwab and I bought some NDAQ and GFIG yesterday.