YOHO3318 : This is what I plan to do:
1) I will take this opportunity to cut losses on long term underperforming stocks and reallocate funds into undervalued growth stocks. With the potential for a window dressing effect or a Santa Claus rally, I hope I would be able to sell these weaker holdings at improved prices.
2) For excessively overvalued positions, I plan to partially sell and lock in profits and also build some cssh for opportunities in the new year ahead. Why some and not all? Because the stock price may still go higher so by retaining a portion of these positions will enable me to continue riding the trend if momentum persists.

YOHO3318 : Agreed that not all parties last forever! After a strong rally post election, it's only healthy for the market to pull back. Jerome Powell's remark on no hurry in cutting rate further see the stocks get hit yesterday.  The concern over higher inflation and slow down in rate cut led to the sell off of S-REITs which made up a substantial portion of my portfolio. Having said so, I will still continue to add on quality S-REITs at strong support level as I am taking a long term view in building my nest egg portfolio. At least what's assuring now is there is no recession in sight,  economy is doing well and this is good for employment, and eventually good for consumer spending and corporate earnings!