Healthy Sell-Off--10/9/2014


It is never "fun" to live through a market sell off while you are long the market.  However, I believe this particular pullback is very healthy.  The market can't go up in a straight line and, therefore, sell offs and pullbacks are natural market occurrences.  It wouldn't surprise me if this particular one pushed the S&P 500 down to 1,900.  And if panic starts to set in, it is possible the S&P goes down to 1,800.  

Mentally, I believe, investors need to be prepped and ready for this kind of volatility.  Furthermore, if they are prepped and ready for this kind of a move...they should be in position to profit from it when the dust settles.