Zeev: My wife has been extremely upset by the 3 yrs decline in her 401K and finally she decides today to place her new monthly contribution into moneny market instead of equity because she was told by me through reading your post that there will be another massacre in late Sept./early Oct. before year end rally. She said why risk her monthly contributions now!
By the way, I have just prepared a proposal to TIAA-CREF to curtail CEO/Board directors greed and excessive compensation and to count stock options as expenses. It is one of the shareholder revolt and I don't trust Washington at all!