Give a man a fish and you feed him for a day. Teach a man to fish and you give him the skills and potential to start a charter fishing company that allows him the ability to charge you for fishing with him.
1. Depressed valuations are rewarded over LT
2. Rich valuations produce disappointment over LT
3. Market losses generally emerge from overvalued, overbought, over-bullish syndromes
*Move forward, but with caution.