If I were you, I'd buy back in yesterday. This is the second crash since I've been in and its fair to say the rebound will only be bigger then last time.
250-60-1200
1200-400-4000
How can you not see this?
History doesn't always repeat itself. Past trends are not reliable predictions of the future.
I think you may be in the wrong forum, here try this one:
http://www.banking-forum.org/Maybe there you will find the same conventional wisdom that you seem to have. Bitcoin does not follow the rules, it breaks them or have you not realised yet?