Originally Posted by Imp4
Originally Posted by Drew99GT
It's overbought, it has to pullback, blah blah blah. IT DID JUST PULL BACK at the beginning of 2018! Now it's breaking out again.
And the total market indexes like the Valueline Geometric have broken out of the long term consolidation from 2000-2007, retested the breakout, and continued higher.
Of course the market can go a lot higher. There is nothing indicating a top is in currently.
Using terms like these, it appears you are a trader instead of a long term investor.
How has your performance been over a 10+ year time frame versus your selected benchmark at the start of the timeframe?
I actually am not a trader. Tried that and lost. Long term investor, but I still "look" at the markets and analyze them for a hobby. I know I'm too stupid to try and pick tops and bottoms! It just amuses me to see people continually say they're in cash, or they're shorting the market etc.