THanks Audreyh1 and Marquette for your medals of 'courage'.. but it's more fear of making a WORSE wrong move! Right now is the biggest drop I have experienced (no tech in 2000-2001 so I dodged that bullet) and I'm not as sang-froid as might be conveyed in the posts! But over the last few months it seems "out of the frying pan.." and?
I chalk it up to "if I do nothing I can blame myself less if it goes wrong". It's not very logical! On the bright side, I do have an expense ratio close to zero, though.
I wouldn't say CR pushing equities now that they are low is the same as all tech in '99. In the "Intelligent Asset Allocator" book there are back-tested graphs that show high equities, as audreyh1 says, win in the long term. I just hope to live "long-term" enough!!