Hi guys,

With all the recent talk about the fed raising interest rates by a quarter or a half point next week, and the way the market seems to be getting ready for a correction, I'm interested in knowing what other fools are doing to prepare.

Sure, sure, reduce holdings in tech stocks and increase in bonds, but what about all these high flying stocks that have had great run ups last year - JDU,NT,CSCO, etc. I'd love to hang on, but I think they are in for the biggest correction. Even though they've had great earnings, don't you think it would be wise to reduce holdings in them seeing as they will probably correct the most if interest rates rise? And then add more to them after the fallout and shares begin to rise again?

I truly believe in being a LTBH investor of good companies, but is it really smart to hang on and face the chance of losing most of the gains made last year?

Timbit