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History Suggests Stocks Are 40% Overvalued, Says Professor Shiller
I would imagine that the longer timeframe investors are going to care about this argument. Swing traders probably not and intraday traders...why would they care about this argument at all?
Not trying to shoot it down or say it's unimportant, but suggesting that there must be a certain point where this theory no longer applies based on length of time instruments are held.
Not looking for an argument here but I am a long term investor as well as a day trader and I'm sure there are a few around here that like to see ALL views regarding long term picture as well. Not everyone is a exclusively a daytrader. Regards, Kbit
You're exactly right, Kbit. I guess my original post was intended more toward this point - It's easier for me to see how long term investors will incorporate this theory into their trading than short term investors.
Has anyone taken this argument into account and reconsidered the way they day/swing trade?
