Too soon. I think there's more pain to come. If the S&P 500 goes to 1290 I'm going to rebalance some fixed income into the S&P 500 in my 401k, I have some funds I left there. If it drops to 1250 I will do it again. I can adjust the AA but I'm not going nuts and getting back to a 65/35 AA, presently it is 35/65 and I sleep much better for that. 40/60 maybe 50/50 for a while is ok then back to 35/65. I've learned market timing is just not worth it.
Free advice and it's worth exactly what you paid for it!