I am still 100% invested and all of my holdings are STILL asking for more money. The V-wave is starting to make me nervious.
The indexes are recently rising up towards their 200dma, which may result in a more volatile break in one direction or the other in the next week or so.
Both you and Steve have had some pretty good gains in April, outpacing the Indexes significantly.
You could take some of that off the table and reduce your long exposure by 17.5% and use the proceeds to buy into SDS - which would near enough align your overall exposure to that indicated by vWave.
Tough call. What I usually do in such 50/50 situations is go halfway (e.g. reduce by 8% and use that to buy SDS).