17% in 2 weeks.


That is not normal.
That is not what your forward returns are going to look like from here.
Take a chill pill.
Forward PE is back above the historical average.
Future expected returns are mathematically lower.
If you bought into the panic. You won.
If you sold during the panic. You lost.
If you sat on your hands. You watched.
The next leg of returns is not vertical.
It is a slow grind with chop and dips.
That is fine.
That is how markets actually work.
Stay patient.
Keep ratios in check.
Wait for the next truly compelling setup.
If you cannot do that.
You are going to give back what you just made.
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