Conditions for a correction, good to do some precautionary prep

CAPE ratio@26+, volatile CSI 300 index down 27% in <1 mo., Greece, Puerto Rico, the Ukraine, Valuation disparities between public & private, PE funds seemingly gambling, notable “will go up b/c...” betting, more SF menus w/$30-50 entrees, $10-15 juices, many things that don’t make sense @ the macro & micro = a correction set up. If possible, probably a good time for maintaining liquid reserves, not overextending, carefully considering new commitments & working on sustainable, durable businesses. When stuff changes (in 3 mos. to 2 yrs?), it cld be fast. Feb. ’00 and Feb. '01 were diff worlds.