The choice facing investors: buy the bounce, or bet on a bottom [Yahoo! Finance News]
Apple Inc. (AAPL)
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Source: Yahoo! Finance News
FILE PHOTO: A trader wears a mask as he works on the floor of the New York Stock Exchange NYSE) as the building prepares to close indefinitely due to the coronavirus disease COVID-19) outbreak in New YorkBy Lewis Krauskopf and Saqib Iqbal Ahmed) - A dramatic bounce in U.S. stocks in the midst of the coronavirus pandemic is confronting investors with a difficult decision: buy into what may turn out to be a nascent bull market, or hold out for a possible return to recent lows.The benchmark index's 12% rally last week - its best weekly gain since 1974 - makes that choice even more pressing. The index has now made up about half the losses from its recent plunge, although it is still down nearly 18% from its Feb. 19 record high.Few investors have been able to time market bottoms, which become evident only in hindsight. Still, if history is any guide, early movers may have the advantage - if they can stomach a possible rollercoaster ride to the bottom and back up again.Investors who bought
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