It could happen anytime, as a matter of fact, here at 1425 on the Naz, I have decided that a 100 Naz or more drop, justifies donning back my bear suit. Sold BSX here at $28.91, only a minor profit. That gets me well above 50% cash. The decline I expect could get us below 1300, thus the donning of the bear suit. AW also went here at $8.77 a minor $.18 loss. Also sold QLTI, hoping to get it back on a swoon well under $8, out here at $8.48 for $.90 loss. Cash at 58%.
Zeev