I'd rather be late getting back in than early catching a falling knife.

Forward PE is useless for calling a tech bottom right now. It assumes earnings 12 months out are reliable — but the AI datacenter buildout rate is in question after the election made it a campaign issue.

Real lows usually come as climax selloffs followed by huge volume reversals. I don't try to predict when. I'll know it when I see it.

Patience beats guessing. Wait for the setup.