while one may be forced to hold position, adding to it can be moronic;
bear markets rarely provide suitable points of entry. This is because it is almost impossible to determine a bear market's bottom. Trying to recoup losses can be an uphill battle, unless investors are short sellers or use other strategies to make gains in falling markets. Between 1900 and 2015, there were 32 bear markets, averaging one every 3.5 years. The last bear market coincided with the global financial crisis occurring between October 2007 and March 2009, during which time the DJIA declined 54 percent during the period.
while you're hacking a chart ; Indian Government's New Regulations: A Massive Blow For Amazon
Indian Government has issued a policy document providing clarity on Foreign Direct Investment rules in e-commerce which prohibits foreign e-commerce companies from following an inventory based model in India.
Amazon never had permission to follow an inventory based model in India but was bypassing certain rules citing lack of clarity.
After Indian Government’s clarification there is no ambiguity.
Amazon will have to wind down sales from some of its bigger vendors like Cloudtail India which contributes over ~$1 bn in Gross Merchandise Value.
from 10k report, Amazon has mentioned its ownership of indirect interests in third-party Indian sellers in its risk factors.