Good or no good?

I have been buying this week after taking some profits earlier in the week. Bought some Spy, Iwn, Efa, Adre, Epp, and I want to get into Dvy, Vwo and Xle. Will this be a smart move? Only time will tell. My take is that we aren't ready to meltdown yet, but I think we will, it is only a matter of time. If we run to the races from here that would be great but at some point some of the excess liquidity should get flushed out of this market. I am exploring the short Etfs from profunds. I may wind up buying and holding a few of them as a hedge, especially going into the summer doldrums. I will probably nibble a little more today if we are down a lot buying some Dvy, Efa and Iwn.