Portfolio protection

tek_uk

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Hi all!
New to this forum.
I have been trading on and off for a few years but haven't touched my portfolio for quite a while.
I mostly have tech stock (Apple, CISCO) but also LMT and some entertainment (DWA) which has performed very poorly :-(
I was away during the late august correction so lost a bit there.
I also noticed that the S&P 500 and Nasdaq seem to be on the downtrend lately with the china and the fed news.
So i am thinking of strategies to protect my portfolio in case the downward trends continue. Any advice/suggestions?
Should I consider something like inverse ETFs (I read recently about it recently:
http://www.investopedia.com/stock-analysis/cotd/vxx20120626.aspx)

Thanks
 
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