Subject: Re: CNN Index
Perhaps a better question is, what is the best way to profit from a future drop in such a way that the cost is negligible if you're wrong?

I suppose that to answer my own question, certainly the simplest would be to sell anything you own that seems overvalued.

Sitting on cash isn't so bad, sometimes. Until the market tops you feel like a FOMO idiot. While the market drops you feel like a genius, but still panicKing about the stuff you *didn't* sell. Then after the bottom you get the FOMO feeling again, sitting on cash for a bit while everything zooms, until you cave in and buy stuff. Still, you're richer afterwards than you would have been!

Jim