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Market Timing

Found this chart very interesting:

Not that I would ever give stock advice, but, according the chart, we’re somewhere near the trough of the historic cyclical trend, assuming the previous trend actually means anything. Will we ever see a 2oz to DOW ratio again? I doubt it, so don’t expect to see it (that would be the DOW under 4,000). There may be more downside with the coming recession, and fundamentally the market is overvalued (based on PE ratio). Still, partially investing in some index funds would be a better investment than a Jose Canseco rookie card. Speaking of, if anyone needs a Jose Canseco rookie card…

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