You cannot beat the old adage, "buy low, sell high"

I wouldn't sell right now unless I absolutely had to and it's probably a good time to buy if you have the cash.

For the most part we're just holding tight, cutting unneccary spending where we can. However, if a nice piece that I've wanted came up at a good price I would probably pull the trigger.

These things are cyclical, it will bounce back. I'm just glad I'm not retiring in the next 5 years.