I mean this as a legitimate inquiry. The argument against the market timing is two-fold: (1) if the market never gets quite back down to your number, do you never buy; and (2) if it hits your number on the way down, do you commit to going all in?
So, I'm curious if people have their number that they'd wait for, and then really end up waiting for it. Since these threads stay around, it's actually possible to see if people do buy in if it hits their number, or what they do if it doesn't end up going that low.
I know you've posted on the "market timing" of people excited about the dips, and I think you're half right. If you have money sitting on the sidelines waiting for a dip, you're market timing. But for people who are going to buy anyway, they would have paid the price before the drop, so any drop seems like a good deal relative to what they would have paid before. The argument against the market timers is not that the market won't go down and give a better price, it's whether they really do buy at that price.
In any event, 1200 seems low to me, but may be possible. If not, I'm curious to see how that ends up affecting your investment decisions.