No. of Recommendations: 12
Counterpoint:
https://www.foxbusiness.com/video/6360151193112"Bull market will continue once the 'correction' is over: Ken Fisher"
"This is a bull market, it will continue once this correction is over. When that correction is over is impossible to tell."
https://www.foxbusiness.com/video/6360111681112Discusses that true bear markets tend to roll over slowly...until the steep drop in the last 1/3rd.
Quick sharp drops almost always recover soon, and the continue to go up.
Shows a table of # of S&P500 declines of various amounts.
5% once a year
10% once every 3 years
20% once every 8 years
Early in my career, my Dad told me that the worst mistake he had made in investing was to panic on Black Monday and sold everything, and advised me to never do that.