Gee!

Given the depth of the market correction especially in individual tech stocks, I really think I would have wanted my investments in mutual funds or managed accounts.

Just look at the individual tech stocks getting hammered, especially the Googles, Csco's, EMC, Orcl, Dell, BIDU's etc...These have come down faster than the Nasdaq composite index.

So, in my opinion, Mutual fund investments offer more diversification and can better manage risk.