[yuan43]

The time to make a move into a bubble that has burst is when nobody cares anymore. CNBC has moved onto other things. Cramer has nothing to say. You can go for weeks without it even being a topic of regular conversation. All those house flipper programs have been canceled. When the former golden children come up in conversation, the most likely response is "that's still a thing?"

I guarantee you won't want to buy that market because it looks dead and set to drop further. But it's really instructive to go back and look at charts for various assets after bubble implosions. There's plenty of time to get in after the Johnny-come-latelies have been margin called into oblivion and even the diamond hands have folded.

The absolute worst time to make a move is during a downturn. Things tend to get extremely volatile on both the upside and downside. Everyone is excited. There's hope! Not a chance! Which way will it turn out? It keeps buyers and the faithful clinging to hope. Buy some time after they've capitulated and completely written off the market. Go back to those charts and notice that the strongest rallies happen in bear markets.

Buy after the last bull has admitted defeat. My canary in that coal mine will be Tom Lee:

https://www.cnbc.com/tom-lee/

When this perma-bull turns bearish, you'll know the waters are safe.

To answer your question, I'm waiting. Waiting for stuff to get as boring as watching paint dry.

[vagab0nd]

> But it's really instructive to go back and look at charts for various assets after bubble implosions.

Be careful not to just look at assets that survived. There are plenty of things that people stopped caring, for a reason, which did not survive.

[dogmatism]

Man, with that theory, it's time to buy weed stocks!

[ImprovedSilence]

zomg, genius! I can't wait for Monday now.