First of all, ignore the news. Most news is there to sell ads, clicks, etc. Nobody really knows what the market will do in the next minute/hour/day. Nobody. Al

First of all, ignore the news. Most news is there to sell ads, clicks, etc. Nobody really knows what the market will do in the next minute/hour/day. Nobody. Also, price is always leading the news, not the other way around. And, a lot of fund managers (who already entered the long positions) will go on TV and start suggesting their own version on how to handle the crisis and why this is an opportunity of a lifetime. Assume that everyone is talking the book. So a bear market is lower lows/lower highs. The SP is still in this bear market. As long as this bear trend continues, do not enter. However, there will be one day in the future when the market will reach capitulation. The news will be so bad and panic so high, that the market will fall hard, but then you would see very high volume of buyer, and the market would end positively for the day. At that day you can start to gradually enter.