You're right. And the real takeaway is "it depends". My "smartest" investment decisions have been never following through on plans to sell, after thinking "Thi

You're right. And the real takeaway is "it depends". My "smartest" investment decisions have been never following through on plans to sell, after thinking "This can't go on forever". (The same can be said for my dumbest decisions though!) I remember reading here on HN, back in May or so, someone saying that they pulled everything out of the market in March, and avoided huge losses. Sounded smart at the time. Luckily, I was not that smart!