The Nasdaq is up for the year. Everybody panicked around March 13th, and the market bottom appears to have been within a week of that. It's been nearly straight

The Nasdaq is up for the year. Everybody panicked around March 13th, and the market bottom appears to have been within a week of that. It's been nearly straight up from there. I don't know if Wall Street was right yet, but that was its verdict. Now, it's true that my IRA is down a little, but I'm not really "the investor class". You say "very few had the wherewithal to time it right", but I'd question that, because all it took, in principle, was doing nothing. Not possible for everyone who's unemployed, for instance, but not something that takes large amounts of brains or capital.