It's my understanding that institutional money has been leaving the stock market while less sophisticated investors have been moving their money into the market

It's my understanding that institutional money has been leaving the stock market while less sophisticated investors have been moving their money into the market (on average). If I were you, I'd be afraid of being the last one standing when the music stops, but then again, I have a history of being overly conservative (to my detriment). Edited to add: If you aren't aware of what's happening with quantitative easing winding down, then do yourself a favor and read up on it.