And yet they are. Funny how that happens, you think and feel one way and the markets do the opposite. Since the markets are always right, well, you know what I am getting at.
its just a shakeout and sector rotation. Those with long term strategies will come out ahead as always since 1982. The market can easily regain the 45% lost in 15 months or so.
The thing you need to learn is, it doesnt matter what your opinion is. If your opinion isn't based on what's taking place, then you'll be proven wrong. The only thing that matters is making the right plays based on what the market wants, not what you want. Again, another great example of humans getting in their own way of success.
Here is a chart showing the V shaped rebound in 1975 I imagine the same thing will happen this time. Is it a coincidence that all rebounds since 1932 have been v shaped?