I'm 75% cash right now and 25% in equties in my long term account. I never held anything for a lengthy time before so what do you guys think I should do to hedge for the upcoming down cycle. I timed most of my positions perfectly aside from BAC and when spx was at 750 I was down only $2300. I was thinking of buying 80 shares of QID. If QID goes towards the highs again around +30 from now thats about $2400 in gains.