RespireRx Pharmaceuticals Inc (RSPI)

[myostrain]

That article reminds me of recent stories of individual investors trying to take out their 401k assets after seeing a 10-15%drop; of a msn writer who wrote about how he invested relatively small amounts each year in bonds/CDs and his bank convinced him to invest some money in some market funds-a couple volitile ones for growth of which this writer became imbalanced to those funds which then did drop substantially after which he pulled all of his money from the funds.

Investing should be a long term strategy, trading is a short term high risk strategy. For traders, it might be good to rest on the sidelines but for investors it would be more prudent to stay with quality companies and continue layered investing.

No one can pick the bottom or the top, there may be significant downward flow left but maybe not as much as people think. Statistically, if you are down 19% at this point and you take out all of your stocks, and there is a 30%total correction, odds are you are not going to go back in at that bottom, and when you get in on the next upswing you will have missed a good percentage. On the other hand, if you are a prudent investor, not overweight in a high risk company and continue balanced investing on a monthly basis, in the long term your reward will be much greater.

Too much emotion in market articles without enough reasoning, read with caution.