SPY can't go to zero right?

Im mid 20s and I am diversified, no worries. Not sure if I wont play this for a bounce and get out or if Im in for the long haul with my current positions. As much as I think the selloff is emotional and forced sellers, Im not convinced of the buy and hold upside near term beyond a snapback the more I think about it.
 
Quote from NoProblem:

Price usually chops around a flat moving average much more so than a trending one. As such, a flat moving average tends to lose it's value as a moving support or resistance.
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But you never know when it's going to stop being flat... especially a slow moving one like 200 SMA... until price is so far away from it that you missed your chance to enter.
 
Well I'm not complaining about the gain I made from having bought on Friday, but it needs to go down more so I can buy more of it :D
 
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