selmax - i actually didn't answer your question on whether or not to get out or hold...
in my opinion markets are going lower so that will bias my respones to the following
- if you are prepared to average down (cost averaging) then hold quality stocks (not ones with debt etc) - this is if you are a long term investor.
- if a trader and long from yesterday, i would recommend selling out on any strength ie)today
depends on what your view is... if a bear, book a loss and buy back cheaper. if a bull hold on...
ps - these are just general comments so please to take this as specific advice
is today a day to get out or hold, page-6
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