There is almost no way one person can tell another person anything about the stock market.
With experience, and not a little experience but a lot, one recognizes the “panic” nature of last Monday. It is generally profitable to buy panic. It is generally profitable (and this is totally logical) to buy when the market threatenes what’s know as lock-limit down, which the NAS was, at least for a bit. Of course, this has not happened in really quite a few years.
At the open, Monday, JPM was down TWELVE points.
MCD was down an even TEN.
MRK down an even TEN.
I could not get into my brokerage where I keep my LT stuff, whom I hate.
But if you are not prepared to buy key stocks like these at those kinds of discounts, I’m not sure what to tell you. (generic “you”) There is no gain without exposure to risk.
If I had been at my desk with my brokerage account open at the beginning of trading, I might have. But I’m referring to where prices are now, and the long term.
In the market, there is no need to act quickly if you are a long term investor. There will always be another chance.