When Bubblevision tells you the DOW is off 411 points (and the worst day since Sept 17, 2001 !!), your first instinct is to panic, lose your wits, and immediately log on to your online brokerage account. You are tempted to sell first and ask questions later. You cease to follow your initial intentions and formal plans for long term wealth creation and haphazardly send sell orders for many of your stocks and etfs. Don't do it. Stay calm. Take a few deep breaths. Go take a walk around the block. Recall, many investors blew out of shares this past February and never got back in, and subsequently missed substantial gains. The same scenario could play out again in the next few weeks. Beware of follow thru selling tomorrow morning, and then watch to see if there is a significant rally off the morning lows. We are looking for the one day reversal after a blow off, large volume, capitulation type event.
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