If you're a buy and hold, this would be a good spot to be buying right
now. That is a personal opinion and not an investment recommendation.
If you're a trader you already know what to do. Wait for signs of a rebound.
Without any fancy charting
etc. we're down approx. 30%. Typical bear markets often go there, and
if not, go to 50% or so, meaning the recovery would be that much shorter
from here.
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