Terrible performance

I never worry about indices going up or down... as long as I get alpha.  If an index fall, I like to fall less.  And if an index rise, I want my average to rise higher.

But lately, it has been the opposite.  That spells very bad news for me.  However, I still stand by my own convictions that you cannot sell off stocks that announce good news.  And stocks that give good dividends will eventually ride out the downturn.  It is disheartening though when the poor performance continues to deteriorate.  You wonder how long can it continue.