You do recall that about 6-8 months before the election, the market was over 14,000 don’t you? So it took two years to get back up to ‘not quite’ and going down ever since. I don’t have that kind of trust in this country right now to stick with it for that long of a haul. The potential exists here that the market could wipe out all gains since then.
Of course but one buys on the dips. I got 90% out in October 2008 but I went back hard in early 2009. I missed the bottom but did just fine before getting 90% out again two months ago. My only current holding is MO.