Originally Posted by ADL Colin

;-)

Given the historically low valuations being placed on top companies right now all of us who plan to be buying stocks in the coming year should hope for lower prices. As Warren Buffet has said "If I'm a net buyer, obviously I would rather have prices go down than up".

I try to keep this in mind but of course when you have a huge percentage of your net worth in stocks it is difficult not to get EMOTIONALLY excited about big up days - even when in the LONG RUN it is to your disadvantage.