I'm not sure, but shorting IWO does well during sells. I am not all-in by any means, but I am short. I paid off our HELOC with some of the money since I don't like shorting generally.
This feels different than the Oct. sell as I told rcp offline (he is extremely busy and hasn't been able to post). How does this time feel different? Because I don't feel like a downturn is coming. LOL. That's right, I felt like October would start a crash. That's a sure sign to go long because my gut feeling is always wrong. :-)