Personally, I went to all cash (!) when the DJIA was at 12,100.
I am going to go back into equities when the DJIA hits about 10,200 or so.
Don’t know if I am going to do anything different b/w now and then. If it doesn’t go that low, then, personally, I’m going to stay in all cash until the beginning of the year. (I just figure October is going to be bad no matter what. It always is....).
Do Nothing....this too shall pass.
By the way....personally, I wouldn’t change anything today, unless you are buying. Don’t see along with all the other panickers!!!
CASH!
I asked my stockbroker this morning what I should shift my investments to due to this recent downgrade and market volatility. He suggested beans, bullets, and bandaids. ;-)