I has been explaining to @jil for very long, he doesn’t seem to get it. I told him Cycle IV is very near. No point buying any indices. I have already done all the comparison long ago before he mentioned it. Just trade and wait for Cycle III to be completed. And then a crash, buy then. Don’t think he understand internalize the significance of Cycle IV which I said many times is a multi-year corrective wave. I posted the charts many many many times in the Indices & ETFs - #1680 by hanera
That is what I said. I kind of tired of explaining to him 
I guess I didn’t say this A statement (in bold),
Essentially drawing the conclusion that matters the most to him in PLAIN ENGLISH.