I see no obvious reason to be short. It’s still a bull market until it isn’t. Todays pullback looks like a buying opportunity. Eyes open for significant election jitters pullback.
But when it becomes obvious that "the bull market it isn't", it's pretty late, especially if you were already long. Regardless, you're right that it's better to BTFD than to try to pick the top. Trust me on that one.
It's very easy to get played by this market, both if you think that this is way overbought and cannot last any longer and if you think this is the new normal and the market will never go down hard again. I feel your pain
The trend is your friend that will turn his back on you when it’s least expected. Operate accordingly.