The other day a client told me that she wanted to sell a good portion of her stock portfolio because Fall is coming and that is always a bad time for the market. Certainly no one wants to relive what happened during the Fall of 2008 and I can’t fault someone for not wanting to give back the gains that we have enjoyed since March 2009. The problem is the stock market doesn’t care. It doesn’t care what month it is or what you paid for a stock. The stock market is one part fundamentals and two parts human behaviour and no one can put a value on human behaviour. If we have learned anything from the drop and recovery is that the market is unpredictable. You should never sell good stocks because you have a feeling the market will go down, only sell those stocks if your risk tolerance has gone down.