Ok, there's a whole lotta negativity and crying over spilled milk going on. Don't get me wrong...this pause, consolidation, correction, whatever it happens to be sucks. I'm heavily invested and my finger WANTS VERY BADLY to hit sell. This is tough decision and I'm not sure what exactly I'm going to do. Sell and wait for lower prices to re-enter, buy these prices to reduce my cost basis, or just play wait and see a little longer.
Now, I want to put some perspective on the recent market movements:
From the home page...that some of us know about
As of the close yesterday for 2012
S is up 11.22%
C is up 8.94%
I is up 10.45%
For the month of March:
S is down 0.59%
C is down 0.08%
I is down 0.29%
Sure there were some loses at the end of Feb too, but the point remains
We haven't fallen far. If you're a bear, you're still hurting and hoping, hoping, hoping like mad you'll FINALLY start to see some forward progress. If you're a Bull, you've still got a good amount of breathing room. We may have lost a few $$ in last 2 weeks but only in small increments, the bears do not appear to be in control.
Be alert, be wary, but don't be rash. Remember your financial goals and don't fret any autotracker positions; do you need to preserve capital and hang in the G fund until this uncertainty passes or can you tolerate risk in the equities fund?
I don't like losing money but I can tolerate risk and I still have some optimism so I'll likely remain in.