May be it is a good time to be in Cash than in equities right now. 2016 may be good (too small a time-frame right now to judge) but I think it is good time to be out for now. One think is for sure that there will be a lot of volatility this year ...... if you can time properly and swing trade, you can get better returns than past years! But again it is like a 'double edged' sword......could get slaughtered.

In short, it could be an opportunity for a trader but not for an investor to take advantage of this market volatility.

Anyway, best of luck and trade carefully!