You're wrong.. Not to speak about fundies again, but you must decide for yourself how long this will last, or if it will last forever. The EASIEST thing for you, for all of us, to do is to sell immediately. The emotional relief you'll receive will be amazing. If you don't mind paying for it, by all means sell. But you must eval the fundies for yourself and ask why did you buy and what will make you sell. If you see no future, no growth, no "hope" (althopugh I hate that word with investing), by all means sell. If you see a possible turnaround in oil prices, a strong summer driving season, a future cold winter, OPEC cuts, blah blah blah, then hold or even buy more. Everything I've ever known about making money has told me it's almost time to buy. But I will openly state I'm not selling. I won't get called on CCs that I've written, and I'm okay with that.
I will hold, and hold and hold. Yeah, I've bought and sold for trades, but core holdings are sticking in my portfolio until I retire. (I've got many years till that happens).
Just my two cents, but if you're looking for emotional support, that's the best I can do. If you ask me, selling now means you've already lost. That's all I can say.
Baz
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