If growth was not considered inevitable over the long term, why would 401k strategies exist? ************************************* I'm not the guy to ask to defend the Wall Street creed of buy and hold for the long run. Good luck with that. <a href="http://www.google.com/search?q=permabear&rls=com.microsoft:*&ie=UTF-8&oe=UTF-8&startIndex=&startPage=1" target="_blank">http://www.google.com/search?q=permabear&rls=com.microsoft:*&ie=UTF-8&oe=UTF-8&startIndex=&startPage=1</a>