Ann: Trading Halt, page-112

Bit off topic but Cash, bonds and Capital Guaranteed. We all do what we're comfortable with if we can. When it comes to capital preservation there's an old saying - better to get out a year early than a week late.
When the GFC came along all the indices dropped at least 50%, that's a lot of dividends. But anything to do with cash went up or at least stayed the same. Anyone remember DJI going from 14000 to 6500 (18 months peak to trough), XJO from 6000 to 3000, CBA at $25? My super dropped 25% and took best part of 5 years to get back to where it started.
It's taken 11 years for XJO to reach the same level as before the GFC and took 9 years for the all-ords to do the same after 1987. DJI tends to recover faster but that's a long time to be living on dividends when you could have lived on interest for a year and doubled your capital after that.
Super has had a few good years recently and if I get my timing wrong by a few months here or there and even the new allocation drops by a few percent I'll still be better off if things do go pear-shaped and wont be any worse off. I'm still in equities, just not with my super. And it's still being put to work, it's not under some mattress somewhere.
Agreed that it's unlikely in a US election year and the traditional crashes are in October but like I say, the pre-GFC peak was a year before everything went completely off the rails and there were rumblings as early as Aug 2007.