About to start with $5000-$6000 Roth IRA account.. I have nothing in retirement funds right now! My age is 35.

Since I obviously want to focus on aggressive "capital growth" strategy in an attempt to "catch up" for lack of saving up for retirement for years, I came up with the following:

Equities: 80%
Fixed Income: 15%
Cash/Cash Equivalents: 5%

For fixed income, I plan to invest into Janus High-Yield Fund.
For CCE, I plan to invest into Janus MMF (Money Market Fund).

For equities: 20% of portfolio will go to Janus Overseas Fund.
The rest (60%) will be invested into stocks.

I also know this is NOT the portfolio I want to be using during Bearish markets.. so what kind of portfolio allocation would you recommend during bear markets (knowing the % above is how I would like to be invested during Bullish markets). And lastly (on subject of Bullish/Bearish), does any of you have good indicators you regularly follow that will help you decide when the markets has became Bearish and move the allocations mover to fixed income/CCE?

I'd apperciate any feedback/input on the allocation. Too aggressive? Too much in one area? Any allocation fine-tuning tips?

Thanks in advance!