10.28.2020 - Downtrend

There is never telling what the stock market may throw at you. Other than stocks selling off, downtrends typically come fast and unexpected. Today, we have entered a new stock market downtrend.
During times like these, most stocks decrease in price, so buying may not work in your favor. There are always three positions to take:
1) Long
2) Short
3) Cash
Is it wise to try to outsmart the market?