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I don't have the answer but I have been thinking the same thing. I guess it depends on what your investing objectives are:
Wealth protection vs income/yield vs capital gain vs income appreciation vs total return
and what your strategies are:
diversification, asset rotation, LTBH, Trading, cyclical investing, mechanical investing
and what your attitude to risk.

If I were to sell would probably look for some good high growth opportunities and once the tapering plus rate rise fed policies have been digested maybe some high yield plays.
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