This is not good.
Big gains through late summer, then collapse. But I looked at the charts of 1929 and 1987, and THERE WERE 7-10% SELLOFFS IN MAY before the final rise into late August. So, a 7-10% selloff in the market could start ANY DAY. The selloff for high PE stocks could be 14-20%.
Sybil is an amusing individual. Why don't you post on down days, Nasdaq?
Kind of like Barbawa Wawa I like it.