People who stayed in the market after the crash of 2008 made almost all their money back by end of 2009.
Based on historic P/E levels against the price of stock, what do YOU think would be current fair valuation for the DOW and NASDAQ?
Companies are making money hand over fist. Yes, there are some ridiculous valuations (Tesla comes to mind); but among the core industrials, valuations seem fair, and profits are strong.