"this is a technical traders market, not a fundamentalist market looking to buy the market at 8 p/e ratio, it may come, but it may take a decade or more." AMEN, I have been trying to preach that or more than three years now ( #reply-13483082). As soon as we get a little rambunctious market like in the last three months, everyone is going back to the old habit of LTBH... my PM box gets filled with "I don't want to have a stop I like the stock for the long term".