Is it worth bottom-fishing with Regional Banks ETF?

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Is it worth bottomfish? At this point? I'm thinking of buying a regional bank ETF?

Yeah, what? What was it? So last week? Regional PacWest? Right. Yep. They announced that they were going to sell. They're looking for a sale partner, what have you. stock dropped 49% I think for the day, next day dropped 30%. That was like Wednesday, Thursday, and then Friday, up at two. I don't know where it ended up. But I remember it was up that much, at least at one point when we were doing the show. And so, yeah, there, obviously somebody did some bottom fishing on that stock, or some short covering or something happened there to drive that up. And of course, yesterday was yesterday, the day before when PacWest announced to put their report to the SEC, that they lost 9% of their deposits, their stock dropped 30% Yeah. Well, a couple things. First of all, I look at price more than I look at the story. So the story would be in the risk. And the story would be the regional banks aren't unique, I mean, money can flow from the regional banks to the major banks, easily within minutes. And so you could continue to see that motion were these big banks, Bank of America, JP Morgan, etcetera, just become bigger and bigger and bigger as they get more and more deposits. And any little news, you know, that comes up because of some weakness at a bank. And all of a sudden, you know, all of their deposits that they have as excess are gone. So there is going to be I would be very surprised if that story is over. Currently, however it is down, right. So I don't have any real problem with bottom fishing, I probably just do it in $1 cost averaging myth method, my method has always been kind of the same, I usually have some amount that I'm willing to do towards a chip to make up a number $10,000. And maybe I'd put $2,500. In now, it's already low. If it got lower, I put another 2500. We got lower, I put another 2500 If it took off and stop. Yeah, right. So whenever it takes off, I stopped. So maybe only have 2500 in there, maybe get all the way to 10,000. So I've got my full budget in there, I bought four times all at lower prices. I've got a nice ish, you know, average price, right. And so that's been that's a philosophy that I've used for years and years. And, you know, I wouldn't have any real problem with that. Otherwise, you know, you could buy in with your 10,000 right now, or whatever your allocation is, it could drop in half. Yeah, it could, and you'd have 5000. And you know, eventually you'll get your 10,000 back in theory if they come around. But I would rather have dollar cost average and there even if it means missing out to the upside with some of that money. There's always something to buy.
So if you're doing this dollar cost averaging, and let's say you're going to do for buy in, what if it jumps in that second buy, and you just stop buying your sock and cost?
Yeah, I do. Yeah, cuz there's something else that's down, I still have that money, if that I look at that money is philosophy. In other words, that money is for this philosophy, which is buying low. And so that's no longer low. It's taken off. But this other thing over here, whatever it is, I mean, Google has been, you know, and it's finally starting to run. Yeah, they've had good earnings. And really, I think some really good reports. And nobody's paying attention to that company, for example, right. And so maybe that's something you'd bought, and now it's starting to run. So that's probably too late.....