Individual Equity Allocations at Lows

From The Big Picture

I saw a similar graph last week at my office which juxtaposed individuals' asset allocations to equities and cash relative to levels of the stock market.  Cash holdings are at relative highs while equity holdings are at relative lows. 

At such previous levels in the past, the market was near a significant bottom.

That does not mean we are at a significant bottom now necessarily.  But I am just saying...