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Sunday, 05/01/2022 8:30:17 AM

Sunday, May 01, 2022 8:30:17 AM

Post# of 2599
I thought this article was amusing. Don't underestimate the ultimate bottom of this market cycle. We are in a secular bear market. And after years of the Fed doing everything in its power to juice the market we got to uncharted valuation territory. The flip side of that we have to drop well below fair market value because the market is like a slow motion pendulum that finally arrives at the mean. From the market tops in November chart out a 70% drop to the ultimate bottom. We might lose more than that but that will be the time to start nibbling, starting with high Dividend yield stocks. But we are a couple of years away from that. Bull markets end in euphoria and Bear markets end in despair. We aren't close to despair yet, but we will get there eventually.

https://www.zerohedge.com/news/2022-04-30/scheduled-be-slayed
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