I dont think you could find an honest statistician that would say this is a good buying opportunity.
It might be. It night not.
It WILL be when it takes out the old high.
Why take a chance to make 10 percent?
Where is the stop in a market like this? It’s a guess.
For 401k folks, staying the course makes the most sense at this point. The valuations aren’t that bad, but that could change with a year of bad sales.
We shall see.
Well now that the Fed has an excuse to put off tightening yet again, that could be the excuse to drive the market up yet again. At least for a while.