The Dow Will Bounce Back. History Tells Us When.

[mystery-ak]

The Dow Will Bounce Back. History Tells Us When.

By Al Root
Updated March 8, 2020 12:39 pm ET / Original March 8, 2020 10:30 am ET

There is an old adage on Wall Street: The market goes up the escalator and down the elevator. Stock gains tend to be small, relatively steady things, accumulating over years. Stock declines, on the other hand, can be violent, painful affairs. History shows selloffs are a way of life on Wall Street, testing the mettle of the most seasoned traders.

More often than not, history also shows it’s a good idea to buy the dip. Although executing on that advice can be easier said than done. Perhaps especially when the dips are more like a roller coaster drop—like the 12.4% fall in the Dow Jones Industrial Average for the week ending Feb. 28.

The Dow has existed for 6,200 weeks, and in that time, the index has declined more than 10% in one week just 17 times—less than 0.3% of the time.

more
https://www.barrons.com/articles/time-to-buy-stocks-history-offers-a-guide-51583637721?mod=hp_LEAD_4

[libertybele]

The article is something that most investors know -- the market corrects, or we see a steady decline for awhile ... however, this is an unknown; a possible pandemic and a global recession.  Rollercoaster ride indeed.  Let's hope the market does bounce back.