If you’re looking for a direct, non-wavering opinion, you’ve come to the right place… While some of my financial commentary counterparts like to sit on the fence and hedge their bets, I’m offering you this: Sell your stocks now.

It seems everybody, including The Wall Street Journal, is pitching a tent in the “too far, too fast” camp – the belief the stock market rally is premature, overdone in light of the economic conditions and unprecedented. At least three separate stories from yesterday’s paper posited such a theory.

From the tidal wave of e-mails and comments I have received from numerous different sources I am under the impression that most investors view the recent rally in the world’s stock markets as a bear market rally. I suppose we would need to define a bear market rally as a rally that fails to make a new all-time high (for the S&P 500, above the 1576 reached in October 2007) and is also followed by a new low for this cycle (below 666 for the S&P 500 reached in early March 2009).

Before I go on I need to admit a bias. I think the market should tank. I really do. There is nothing in the economic news that inspires any semblance of “hope”. A rally right at this point  seems short sighted and foolish. In fact, sometimes it makes me so angry that I refuse to drink any coffee at all…

Market timing matters, says Eric Roseman. Enter at the wrong time and face years of net losses. Get it right, and the gains will be enormous. Eric says US stocks have not hit a bottom yet. But sometime in the next 12-18, investors will have the mother of all buying opportunities.

With over a trillion dollars in bank losses and foreclosures, bankruptcies, and unemployment all ticking higher by the day, you can be sure that the stock market should head down… over the long-term. But over the short-term, anything can happen…

It’s prime time for small cap investing, says Louis Basenese. Investors need to look for companies with little or no debt and a competitive advantage in their particular field. Louis says E-House Holdings (NYSE:EJ) and American CareSource Holdings (Nasdaq:ANCI) fit the bill, making them great buys right now.

It seems everyone is turning against US Treasuries now. But Justice Litle says it might not be the best move. After a vicious fall at the start of the year, investors could flock back to Treasuries as the recent rally in stocks subsides. Justice says the arguments for shorting the dollar are far more convincing right now.

Last year, the illusion of permanent wealth and prosperity was shattered. Just as The Great Depression followed the ‘roaring’ 20s, so we now face a huge correction to years of unrestricted gains. But take the historical parallels further, and Andrew Gordon says this year could be your best chance in decades to secure your financial future.

If you can stomach a roller-coaster year in stock markets, Justice Litle says small caps will offer the biggest profit opportunities in 2009. Most suffered heavy losses in 2008, and are available at bargain prices. Justice gives six reasons why small caps should lead any rally this year.