I was mostly all capital preservation in my 401k. I nibbled a little bit today at todays closing price (S&P 500 index fund).
If it drops a few more % points I may buy some more.
I could do fine trading the S&P in my 401k and Fidelity must know it too. If I make more that a few trades within a certain timeframe they suspend my ability to trade for a while.
I had the luck of Irish in 2020 being 100% out of stocks in March 2020. When I saw that crash, jumped in with all my money in March & April. 75% out by end of 2020. Still hanging on to 25% longs in index funds. Not adding to longs yet, only will add to longs at 3636 level.