Moving to cash can feel good, but remember cash doesn’t earn anything. If the market falls some more, yes, you’re protected if you’ve cashed out some of your stocks. But if this correction comes and goes, which it will, you'll miss out on those stock market gains.
In the end you, and you alone, are in charge of your finances. Don’t let the financial media distract you from from what’s important.
We do not know what the stock market is going to do. Nobody does. What we do know is that most of them will tell you that stocks are fairly priced and strategically cheap if you have a longer-term view.