We are just now at AA 7/93. We were at AA 50/50 very recently (late March). When we feel the market has stabilized we will go back to a minimum of an AA of 30/70.
Not sure if your ratio is equities/cash or equities/bonds given the discussion about cash, but either way this sure sounds like you have sold a huge amount at a scary low, and are planning to buy back high (as I find it hard to believe anyone will "feel" the market has stabilized when its below the late March lows), which doesn't sound like a very good plan.
For anyone approaching/at FIRE that is vast majority equities, moving a small amount to cash (or bonds) seems fine to me (you're just locking in losses of a small percent of your portfolio to have something stable to spend over the next few years). I've kinda done this in a way as instead of investing my (significant) annual bonus I have kept it as cash in case it comes in handy over the next few years. But moving investment monies you probably wont need for decades, including almost all of your equities, like you did only seems fine to me if you've decided you can survive off of that new AA till death (why stomach the market moves if you don't have to), but again all I see here is basically a plan to sell low and buy high.