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>> No.17791934 [View]
File: 49 KB, 674x374, bear market.jpg [View same] [iqdb] [saucenao] [google]
17791934

>>17791785
>One company who I am shorting and cannot stop autistic rambling about is still overvalued thus the whole market is as well despite the Shiller PE ratio being at the bottom of the dot com bubble burst.

A bear market is simply a term for a 20% drop. We are by definition in a bear market, the difference is that this took an extraordinarily short amount of time to enter and likely it will be a similar amount of time out of it because this was caused by external factors and the general sentiment is still very bullish. Your own personal valuation of the market is irrelevant, as is what you think these stocks are really worth. Price is right.

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