It may be worth remembering, as you debate this one, that many, many people were in your position a few years ago. None of them could have predicted what has happened in the industry over the last six months. Many lives/dreams have been shattered.
Unlikely for a similar event to happen again - but goes to show that the totally unexpected can sneak up and really screw things up. You simply cannot tell! Like the warning goes "Your investments may go down as well as up"!