Falling knives are cool?

Of course, you can always take the view that if it goes down further, I'll just buy more. But to be honest, I don't understand this strategy in the current phase. I find it really astonishing why a relatively large number of people are buying again and again every day. It has become clear over the last few days that Ronald McDonald Trump has been hitting out at every recovery event, such as the doubling of tariffs on Canadian steel and aluminum products. He wants the stock market to bottom out and interest rates to fall. I expect the shutdown to come in the USA shortly. The day after will be a bigger bloodbath than all the other falls in recent days. And no matter how good the fundamentals of the stocks we have bought may be. They will still continue to fall. Of course I can go and say, I don't care, I'll buy every 5% drop, but why don't many people at least wait for a bottom? I expect the Nasdaq to correct to at least 18200 and the S&P to 5200. The only thing keeping my portfolio somewhat in balance at the moment is the S&P discount put I bought on Thursday, which is now up 52%. Yes, I've also been down on a lot of stocks in the last few days, but I've thrown out all KO certificates except for NU and the other derivatives are all on European and Asian stocks except for 1. $UBER (-6,89%) all on European and Asian stocks.