Best to sell some of your stocks into any rallies that might develop. When the market shoots up temporarily, take some of your stock holdings off the table. That way, you soften some of your losses.
Even a vicious bear market like this one has occasional sharp rallies. The market had recently jumped 20% off its November lows before dropping back down in the past two weeks. Those are the times to increase your cash position.
I recently took a chunk and put it into a Pacific mutual fund - Japanese, Australian, New Zealand, Singapore, etc. stocks - just to get it out of the US market. However, thats tanking, too. Not too many “chunks” left to do anything with! I don”t know what to do except watch in horror... I”ve been listening too much to Peter Schiff, who is saying the next big bubble to pop is going to be the bond market.