Short trading for trends down

Hi Pat, You have lived thru and traded during times of major market corrections.  It is my understanding that leveraged etf's such as SSO,DDM,QLD,TNA are great for relatively short term trading on the long side (but not for extended periods). When the market finally pulls back significantly what is your strategy? Do you consider inverse mutual funds, all cash, non-leveraged inverse etf's? Thx so much  Michael