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Fidelity, who asked for this?

If you have cash that you want to invest. Please consider Treasury Series I Savings Bond (Electronic). Interest is 7.12% right now. While it's not guaranteed that the 7.12% will remain until next year, it's still a good deal.
My SO and I just invested 20k (10k max per person even married).
https://www.treasurydirect.gov/indiv/products/prod_ibonds_glance.htm
Looks like stocks are back on sale
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Creative, but I think you’re overthinking it if you’re a long term investor.
Agree, don’t time the market
Pro
It could also go the other way and you miss great gains.
What’s the point of your investments? If it’s long term growth, I wouldn’t touch it. You’re creating taxable events as well which you should try to avoid as much as possible.
I'm staying in for the gains and just 'hope' if there is a huge crash then hopefully at least break even or small loss. Otherwise get those gains. Made 15% in June with some big bad bets that I should have been smarter about. Would have made 25% otherwise.
If you aren't comfortable with the "risk" and it'll give you peace of mind, then you should. I pulled most of my investments out because I'm planning to buy a house within the next year and would prefer to have more liquid assets. The market isn't going anywhere but it is nearly impossible to time it.
Pro
Just leave it.