[lambdb]

I had pulled out prior to the big correction(mostly due to luck), and am still on the sidelines waiting for some stability. Although yesterday had some sick gains to be made.

I dont really know why you would disagree with either of these approaches and personally you can use both.

Taking money out prior to a correction saves you dough, it doesnt mean you didn't assess your risk tolerance correctly, just the fact that you did some due diligence and don't feel your current investments are not going to temporarily return. Also in this unstable market some of the medium risk ventures are essentially high risk now until stability returns.