I am operating in two timeframes now.
One timeframe is bullish, and it's measured in months. I have about a hundred little positions (a little less than $10,000 each) that have pretty liberal stops.
The other timeframe is bearish, and it's measured in minutes and hours. On this front, I've accumulated (40) ES, 5700 SDS, and a bunch of QQQQ puts, DIA puts, and some SDP too.
I'm out of my dollar positions, and I've closed my DBA calls.