It’s Awful. Market hasn’t been this low since… Wimpy paid us for those burgers last Tuesday

Tough day on the markets today. S&P 500 down 3%+ and NASDAQ down 5%. Is it time to buy the dip already? Let’s see the last 116 trading days.

Prices haven’t been this low since … since … last Tuesday! Must be time to buy.

Oh, and just for comparison, here’s the run in the NASDAQ the 116 days prior to the Tech bubble peak in 1999/2000. (End point is the peak.) Nothing to see there….