Originally Posted by Beejeebers

Get out now. I've seen this before in 2000. Everyone starts saying, "just a hiccup", "now is a great time to buy" and "we were due for this". Advisors are all telling clients not to worry, which is bullshit.

Get out now, buy back later when things calm down. Stop orders are an awesome idea, lock in the remainder of the gains you've made and stop the bleeding. Otherwise you're fucked.