If you're still invested in these funds, you're no longer buying and holding, you're buying and hoping.

The manager could have made a large sector bet that flopped; he may have made a large commitment to the fund's top 10 holdings, which then underperformed; or the fund may simply have an unskilled manager, someone who can't pick well.

November typically marks the beginning of the growth season in stocks. This is due in large part to pension fund buying patterns, which have produced an average gain of 5 percent from November 1 to January 31 over the last 50 years.

There's a false sense of security that large caps don't go down. I've got news for you -- they do.

If you care to keep it going, I'll worry to make it worth

I don't think Stevens knew I was behind him. I was surprised how easy the puck came out when I hit his stick. I looked over and saw Briggs wasn't looking, so I just threw a shot at the net.