I don't do it because I don't pretend to be able to time the market. If I did I would always be fully invested and making money both on the rises and falls. Only naive people think you need a rising market to make money.
As far as not knowing what I am talking about, what do you think will happen to an S&P 500 put option if the stock market went down 10%?
Why don't you just do that and tell me how it works out for you. :)
(pssst. you don't know what you're talking about)
If you believed the market was going to be at 14k next week, you wouldn't take your money out of the market. You would be buying short term putts like mad and be looking to double your money in 5 days. Given that you are not willing to do that, I am guessing you have very little faith in your predication.
By the end of next week, DOW will be well below 14,000. If you haven't gotten at least some of your money out of the market, do it first thing tomorrow.
Monday is going to be a really bad day if the gov't isn't back up and running.