That's absolutely false and called dollar-cost averaging. Firms like Sachs were saying that while pumping millions into Enron all the way to the bottom. And they still do it btw :1orglaugh

:1orglaugh

my advice dont trade at all if you dont know how to do it... your investment it's casino now..:winkwink:

buy gold so you can buy food when the shit starts falling

Yeah that's what they said to people who owned the NASDAQ back in 1999.

Even last year when the dow eclipsed 13K the NASDAQ never came close to it's all time high in the 5000 range.

There is no guarantee that it will come back.

Now that I'm done being a smartass (for the moment)

It really depends on what the stocks are.

Jim Cramer has a really good take on this, in times like these the companies worth owning are ones that make something people can eat, drink, or smoke. Especially if they don't have to borrow money from anyone to produce their goods.

Companies with cash on the balance sheet who produce things that people will buy no matter what (food, soap, toothpaste, cigarettes, medicine) are going to demand a premium during a recession.

Make mistake about it :pimp

your kidding right? You make it sound like all stocks are the same, you gave no background on anything. You might as well cash out, go to Vegas and put it all on red and spin that wheel twice. When you walk out the door with nothing just don't look when crossing the street and you have better odds of getting ran over by a taxi cab driver. Then sue the casino and everyone within 100 feet of you and hope for your best. If you do hit and get 60K, go deposit it in the bank before you do the taxi car bit because even better odds people will come to help you and see the money, take the money and run. Probably finish you off too.
See now you have all kinds of options, good luck