I hope so, but too many have been making the same prediction every day this week and down it keeps going. People need some relief from yesterday. If you are a DROP holder and hard line Democrat... OUCH! Double rout whammy!
The good news is, you'll ne right eventually. If you are averaging down, I hope it is in small lots and that your resources can outlast the down trend. One good thing about averaging down on pennies in that it doesn't take a lot of capital to buy a chunk. But, after a while, you are several thousands in to it and you start to feel the heat as you get over extended.
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