>I’ll let my 401K ride... check back with me in 20 years and I’ll tell you how it went.<
Why not get your head out of you know where and put it into an income fund? There is no reason to ride this out to the bottom and then slowly crawl back up to todays levels. Put it in the money market or bonds and after the bottom has been found transfer it over to a growth fund. Make some money instead of just losing it!
The problem with saying after a bottom has been found is that by the time you realize we’ve hit bottom it’s when the market has risen quite a bit and stays there.
As Warren Buffett says, the problem with trying to time the market is that you have to be right twice, know when to get out, and know when to get back in.