"I don't need to know what's going to happen next. I just need to know what I'll do in response to whatever does happen." -- Jim Rogers
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"Over the full market cycle, investing to achieve short-term comfort costs a fortune." -- John Hussman
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“You need long-term strategies to reach long-term goals, and paying attention to short-term fluctuations in the stock market is one of the most destructive things you can do for your long-term financial health.” -- Jim O’Shaughnessy
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It is painful to, for example, watch your SMA timing signal decline from +14.9% to +8.7% on its way, possibly, to the +0.0% trip-point.



“Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch

"Until you realize taking a beating is a normal part of long-term investing, you’ll hurt the overall performance of your portfolio.
Staying with your strategy during a pullback is difficult, and it never gets any easier."

Do you have a plan, or not? If so, stick to it.

When you look at a -6.2% move as above, you could also say "another -8.7% to go, we're not even halfway there."