Sitting on my hands....again.

I can't find a play here. I think we're in an uptrend and I think stocks are going higher but I can't help but feel like we'll have a bad stretch soon and that's when I intend to put the rest of my capital to work. I'm only about 60% invested right now. I'd like to reiterate that I don't think you can just buy the Spyder S&P 500 (SPY) and make money. The market overall looks pretty gloomy and you'd better pick good companies that will do well no matter what going forward. Do you think people will stop buying iPhones if we go into a recession? Do you think Brazilians will stop dining at the golden arches if Brazil's growth rate falters? Is your weirdo friend going to stop drinking 50 Monster Energy's cause unemployment is above 9%? I think not. So that's why I'm just sitting on my hands, again. Let us remember, beating the market is about preserving capital and taking high probability shots. Who cares if you miss a 5 point move in a stock you've been watching? Who cares if your only 60% invested when the market jumps instead of 90%? Just preserve capital!