on the news i recall it was presented as a seasonal thing, every october
I tend to be an optimist, and think most every selloff is simply a short term thing that "soon will pass". So, I usually blow it, and am stuck with missing most peaks.
However, this year (for the first time), I chose to take the October doldrums to heart, and took my mandated 401K distribution on October 2, the day of the peak. I guess you loose some, you win one.