..and we know expensive does not stay expensive for very long...as was the case with inflation, oil, coal, lithium, used cars, ....and lettuce (remember?).
Most of us agree that this is getting overstretched, at least in the short term, the long overdue correction is somehow missing in action, and that is a rather concern in itself. But most of us aren't doing anything either, oh yeah a correction will come and it will go back up again, or regardless of what the market does or what the stock does, they're buying for keeps.
Except that they may not be thinking that way, if and when a brutal correction arrives accompanied by a systemic event that ushers back the bear market again, this time a big one to correct the overextendedness.
This is why it is important to know Where We're At.
