Despite all economic worries, it's unlikely the S&P will go down another 20%?

Discussion in 'Trading' started by crgarcia, Aug 22, 2008.

  1. Markets are very volatile and unpredictable now.

    It is not clear where the dollar and commodities will go.

    So, I'm waiting so that the S&P goes down a little more, and then buy and hold for about one or two years, with a 4:1 leverage.

    What you think, markets won't go down another 20% (which would completely wipe-off my account, because of the leverage)?