For you guys that think we are not going further south...?!?!

[murray t turtle]

Probabilities say go long in an uptrend, short in a downtrend. Not double-down doing the opposite.

Probabilities "win the race".

%%
Good one , good 2.
Investors maybe become millionaires, single buy every month or quarter for 40 years;
but its not a double down. Nor is a battle tested planned scale in, a double down.

 

[birdman]

If we go into a full-blown recession, with earnings dropping hugely basically across the board, I just don't see why we wouldn't drop much further just like with prior recessions.
Thanks!

Stocks fell 34% on average in recent U.S. recessions. The S&P 500 fell 56.8% from its peak on October 9, 2007, to a low point on March 9, 2009. A few blue chips are already off 40% such as https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ip&insttype=&freq=1&show=&time=8 but most probably have a ways to go down i would think.