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4fterd4rkyesterday at 5:10 PM1 replyview on HN

Them being far above the median PE ratio for the S&P 500 tells you that a future correction would be a discount and you should buy? Please walk me through your logic on this one.


Replies

Joel_Mckayyesterday at 8:20 PM

Every gambler thinks they can time the market, and buy the dip.

In general, they often get stung by the dead cat bounce, =3

https://en.wikipedia.org/wiki/Dead_cat_bounce