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Old 10-23-2020, 01:11 PM   #108 (permalink)
hayden55
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Quote:
Originally Posted by redpoint5 View Post
I'm an idiot and should have trusted my initial instinct to invest in March.

Rickard predicted a dead-cat bounce, and in the intervening time himself died (RIP).

I feel like the market is overvalued now though and this is the dead-cat, with a plummet less than the original drop to occur within the next 6 months.

Again, I have no insight and haven't studied this at all... just my impression of things.

Then again, maybe I'm just more pessimistic now that my family has the Wu-Flu.
Eh.. Mid term you will have drops, but long term it will always go up. Think here that the 401k is the only retirement option for the majority of us. Thats why the overvalued ratios keep getting higher and higher just as an average. The big problem is you just don't want to retire in a dip. Goodluck with predicting that!
-guy who graduated college in 2020
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