Out of sheer luck I decided to sell off a large part of my stock right as it crested $700 in Sept. Never did I imagine it would plunge as it has. Yet I've always used a long term strategy. What I sold at $700 I bought at $20 a long time ago.
Recently I went back for more that I will hold for quite some time. It will recover, the only unknown is how much. There's a lot of life remaining in Apple.
The same could be said of Nokia.......and look how it's stock is doing...... Save your money.