Just Say No to Abuse Declaring War on Terrorism. The last few corrections, I've just held in there, but I wish I had sold a few things before the correction last year when Bob was saying the same things. These market valuations are making me dizzy. Bull markets climb a wall of worry.
Valuations are actually a bit better now.
If the rest catch up and these stay where they are, this would be a good thing. My answer is Bob does not need to speak in code. Bob was very clear. He has said that valuations were at historic levels and thus a correction, not bear, is possible but not guaranteed , that the market is ripe for a correction and he has a price target to go from DCA to lump sum investing. He and many, many other advisors say timing short term market glitches is difficult if not impossible and thus ignore the minor fluctuations.