The market may go down again and retest the lows. But if you have a 20 year horizon or longer now is a damn good time to buy. Nobody knows the bottom.
or the top for that matter. There are some extremely well run companies that will
be around 75 years from now on deep discount. (Think Wal mart, coke, McDonald’s ) The exact entry point isn’t as important as just getting In. I for one think spirit is a solid buy at this price. I wound generally stick with boring safe blue chip stocks right now . But if you wanna take a swing for a few thousand bucks .. I feel spirit is a solid risk/reward