kacy, good points you have mentioned about the dead cat bounces. obviously you would have noted the large bounce compared to the others that the 1929 market had after it dropped 47.9% and then contuined down.
Caution still for me and in saying this I know that I won't be picking the absolute bottom, but like yourself I don't average down. So I see no hurry to try and pick the bottom as there should be plenty of upside when it comes.
Just wondering your thoughts on this 1929 bounce in comparison to where we may be at present. I'm not sugesting that this will be either the same or different or that we will have a 90 odd % reduction like 1929 to look forward to but do try to be prepared for either direction in advance in planning.
Thanks
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kacy, good points you have mentioned about the dead cat bounces....
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