These sort of record low cash levels in the funds are generally indicative of a short term top in equities.
"Repentance and forgiveness are the two great gifts of God. But there is the third and greatest gift of all, which is thankfulness. For with thankfulness our sinful pride is vanquished, our hearts are opened, and love enters — and a light comes into our life."
Jesse, Love and Thankfulness, 15 November 2018