I have to wonder, when the screaming hypocrites tell us to buy the dip, of the people who still have a bunch of cash who do they think will fall for that gag.

Didn’t most everyone get caught with their pants down and all they have is the depreciated equities they were holding. Buy, with what.

I myself chickened out more than a year ago and watched the market climb while I settled for the couple of percent that cash was paying. No way I am buying the dip. I was asked when was I going to get back in. I told them after the market is down 50% and has reason to recover.

I think you nailed it.

TEK