[Political Junkie Too]

I don't have to hit the exact bottom to get it.

Many people were suggesting a fair-market P/E ratio of about 14x, which would put the S&P 500 at around the 3200-3400 range. It's at 3719 now, and was 3614 yesterday.

I think we're still going to see some more bear market rallies before the market hits it's low. I might wait until 3,200, or perhaps get in at around 3,400.

I think after the election is a good time to consider getting back in.

-PJ

[quikstrike98]

In even more good news, there’s a run on pensions in the UK.

https://www.theguardian.com/business/2022/sep/28/bank-of-england-in-65bn-scramble-to-avert-financial-crisis#:~:text=The%20Bank%20of%20England%20has,a%202008%2Dstyle%20financial%20crisis.

[PrinceOfCups]

I intend to jump back in after election also. But my decision is more political than economic. It’s just a repeat of 2016 after Trump won.