Interesting, first I'm retirement age and could collect social security but haven't. So I have balanced mix as it is including at least 10% in cash.
I plan to keep working until I can't. So here's what I did last two months, I bought a DI.
I took some of the cash and bought laddered CD's and bought another CD for a larger amount. I have trimmed small positions mostly in energy/oil.
I reallocated about 4% of International into either Fidelity Puritan fund and higher rated domestic stock funds. i.e Blue Chip Growth.
All in all I don't own any individual stocks, only no load funds and indexed funds. Yes this is painful but I guess you take the good with the bad.