Converting paper profits into real money

Over the last few months, I have cut out and then got back in a few times. It might have been better to buy and hold since April - the profits would have been more - but the periodic profit taking has enormous benefits psychologically.

But now, I am cutting out on all the positions I have even a little doubt on. The ones left in US portfolio are Berkshire, Philip Morris (best play on dollar weakness), Cinemark, Long CTSH - Short Infy, and a few odd here and there. The ones in India are Jagran, FAG, and GSK Consumer, and a few others here and there.

After this, I am close to 40% into equities.