“Hey ‘Deep Pockets’, what were you doing on October 19th, 1987?” the Wall Street Jungle reporter asked. I was gritting my teeth, shaking more than just a little, palms sweaty but placing dozens of individual orders for the best NYSE, dividend-paying, companies — at prices that nearly everyone thought would drop even further. Looking around [...]

A correction is a beautiful thing, simply the flip side of a rally, big or small. Theoretically, even technically I’m told, corrections adjust equity prices to their actual value or support levels. In reality, it’s much easier than that. Here’s a list of ten things to think about doing, or to avoid doing, during corrections of any magnitude: