Those who are concerned about the market can avail themselves of lots of interesting and very useful inverse and double-inverse ETFs that are quite useful.
For example, if you have a load of stocks in the SPX, you can buy SDS, pretty much a double-inverse SPX funds. If all your stocks are in the DJIA or are aligned with the DJIA, you can buy DOG, the (single) inverse DJIA fund.
Or just sit in cash. Or sell some covered calls. Or buy some puts. There ARE measures you can take. IMO, it’s somewhat late to be taking hedgin moves. Anyway, my point is, these ETFs are quite useful, especially if you don’t want to sell and trigger taxable gains/losses. There are many hundreds of them.
I have been in cash since 1/15 of this year.
I have an inkling we may be seeing capitulation in the Markets at this time and it will shortly be time to sneak in again.