Short term forecasting is like the weather. Variable. Guessing. Anyone can look at a chart like you do. Speculation, not investing. I'm investing at high rates of ROE. Not speculation. I can't see a single time where you have justified your argument with quantifiable evidence. Companies value and price often don't match in the short term (less than 5yrs), but they do most often in the long term. I'm happy with the boring fluctuations of volatile high ROE shares and their long term predictability over time, rather than trying to profit in the short term madness of crowds. This is evidenced through my multi $M++ portfolio. How about you?
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Short term forecasting is like the weather. Variable. Guessing....
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