I'm thinking this correction will be quite a bit shorter than the last one. I expect lower taxes, govt spending cuts, and a business friendly environment that's bringing billions of dollars and thousands of jobs to the US to mitigate the amount of time for the correction to take its course. This is the best possible business environment we could hope for, for the correction to occur in.
The only caveat is if the bond sector blows up and the derivative chain implodes, but I don't think so with a strong dollar.
If you don't have a set of these you best put your money in a CD.