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- #11
That is a hard question to answer. The issue is that you can't time the stock market. You can make educated guesses but you also can be wrong. Research documents that most (certainly not all) non-broker people who do a lot of personal trading and hope to time the market usually don't make any more than the average of the stock market movement and a higher percent than those who just hold tight and don't trade lose more money that the average broker loses doing the same thing.
As i detailed above you never buy a crashing stock the first day of the crash to hold. United hit $447 today and us only $11 from 52 week lows. I'd wait to see of that low holds. There's no reason to buy right now . It has limited upside as stuck people will be selling bounces .Under $400 I'd get interested