Now is the good time to put money in the stock market?

I sold my 50% of my porfolio last year when I first heard the word subprime, later 50% in January first week of this year. Since last year all my new money from 401 plan and other investment were going in money market. But after today I am putting my new money in stock market and started putting some of my money from money market to stock funds.
What do you think?

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