Went up to fast to far for the realistic economic situation. Needs a longer time side way move especially with elections. It might even end up being longer side ways and be stuck in a wide range for years to come. Biggest stocks are way too extended P/E wise and can't look for the E to catch up fast enough in this economics. Big techs may maintain high P/E ratio throughout the whole correction due to no place to park the money and companies with any growth may maintain high P/E due to scarcity in the environment. Most regular stocks that move with the overall economics will be stuck in a rut with pumps and dumps throughout the time with some bankruptcies and mergers, and even some companies changing their business model to keep up with the times. Overall just have to ride the sentiment for the moment which will most likely happen in shorter and shorter time frames with strong moves to either side with large retail involvement which will definitely over react to everything.