The vast majority of my money is still in the G fund. I was talking about setting my contribution allocations going forward (which I've got set to nearly all C fund now)- I will be dollar cost averaging all the way down.
I don't think anyone knows where the bottom will be (I certainly don't) and attempting to time the market and "look for the bottom" are not going to work. I do know that the last few years have been ridiculously overvalued, which is why I sat it out. I've been waiting for this bear market. And to think, just a few months ago I was told the exact opposite- "You're still sitting in the G Fund? You're missing out on this historic bull market!"
I'm totally fine with a 50% drop, the lower the better. I have a lot of time... unless you're going to argue we're Japan in the 1980's, in which case we're all screwed anyway so it doesn't matter.