It's going to be a while before there will be a sustainable turnaround. The housing market will need to stabilize and inflationary pressures are still a burden. As an alternative, CD's and MMF's are obviously a safe bet, but you're not going to get 5%. Moneymarkets are paying around 2%, and you'll be lucky to get 4% on a 1-Yr CD. Moving to cash and trying to time the market can be very difficult, and as many here have mentioned, 401k's are long-term investments and most of us here are relatively young and have the time to wait it out.
For those of you that are interested in doing your o