anytime soon to live on, then by all means cash out. If it is a long term investment situation....hang in there pick up some bargains along the way. There have been dead cat bounces before. They are disitant memories some where back along the markets historical trek North.
It has come back from every significant event resulting in a down turn....it has never stayed down. If one does a little research on past market levels you will find charts showing all the historical highs and lows. They both have on very important characteristic.....they both happen on the way upward!!!!!!!!!!!!!

BTK