Getting Nitty about concept of "Market Timing"

['Chair]

Warning: Investment Noob Alert

With the recent "correction" (or whatever you want to call it), there has been a lot of buzz in the personal finance blog world with regards to investment strategies...

Two things in particular that I would like to discuss are...
a. Upping regular (weekly, biweekly, monthly) Contributions to Investment funds
b. Re-allocating funds (ie. taking money of the table and putting it in stable value options)


A. Upping (weekly, biweekly, monthly) Contributions to Investment funds

How is this not timing? Basically, the idea is for upping the percentage contribution to accounts (401k/whatever) to which you contribute regularly while markets are down/falling and decrease contribution when markets are up/raising. Some argue that its not market timing, but "increasing the effectiveness of dollar-cost-averaging" stating that they are in the market for the long term.



B. Re-allocating funds (ie. taking money of the table and putting it in stable value options)

When would this ever be a good idea? If you feel the need to "re-allocate to stable value funds" because of a downturn in the markets, would this not indicate that you did not properly assess your risk tolerance? One of the blogs I read, mentioned that they pulled money out of their 401k to wait for the market to bottom out before pushing back in. I no longer read their blog.