Hello Mr. Veale,
I looked at the spreadsheet and will spend some time applying it to different time periods when the market was going down. But it does look like a 50% cash level is not too high with market levels.
I told TooFuzzy that I was hoping my gold, silver, and TLT holdings would provide some sells when the market decline begins, but I know it may not happen that way.
Thank you for your reply and the spreadsheet. I will study it!
Greg (NorthGA)