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we had David Rosenberg on at the top of the show okay skeptical skeptical is a good way to describe him I pointed out some research from Goldman Sachs that showed that after we have gotten historically 5% draw Downs in the Samp;amp;P 500 it tends to be high he love that data this is this is the chart showing that on the mean and median basis itamp;#39;s been higher in the in the periods following he was not a fan of that historical analogy but you know youamp;#39;ve been at this a long time like how should investors be viewing this period first of all just because something tends to happen doesnamp;#39;t mean it will so let me I I was in the subway I didnamp;#39;t get to hear that part of the discussion good but um knowing his history Iamp;#39;m sure I can figure out you know I think I could read between the lines but just you know the pro we weamp;#39;ve all been conditioned to buy dips it does it does tend to work but not every dip ultimately proves to be the buying opportunit
