And if not, what will you do? Admit you were wrong? Keep trying to short at Dow 10,000? It would be nice if we had more accountability for the "predictors" around here.
Yeah, and if you have a relatively new IRA (maybe Coverdell for kids), you have many years to keep adding funds and buying lower...if it goes lower. Even in the Great Depression you'd come out ahead doing that. I'm not a big fan of dollar cost averaging, but if you start at a relative low point, it can make sense.