All right, welcome back to the Stank Trade podcast, everyone.

I am Tim Bowen back with Matt McCall.

Market's been pretty shaky last couple weeks, just kind of really struggling to find a direction overall you know had a really

a couple ugly days last few days were slightly green on the s&P and and i know a lot of people

ask like typically when we say like the markets you know we're typically referring to like the

the s&P and the nazdac i mean like especially when it comes to like what we do, you know, and I think we've talked about this before, like the Dow, I mean, you can watch it, but to be the SPY, the SMP and the QQQ, and I'm sure Matt would agree are kind of what we say when we're like the markets. Some people ask that, what you mean in the markets? So that being said,

ugly week. Today we are green, but slightly green, you know, 0.2% green on the S&P after a gap

down, did pushback green just a little while ago. And, you know, I think that especially,

you know, you go back to even, you know, back in August, we had that

huge pullback and then reclaimed kind of that, that level, that kind of support level,

about 530 on the S&P and went on a tear. We kind of pulled back to the levels from early

into July right now. And, you know, I think, and obviously let Matt give his

opinion, too, that, you know, we get these pullbacks and then we kind of get that basing, kind of like

we had in early August, and it can create some great opportunities. And I think that, you know,

that's kind of the core of the episode today is, you know, get excited when the market pulls back. Like, you know, there's kind of the core of the episode today is, you'll get excited when the market pulls back.

Like, you know, there's that famous Warren Buffett quote that, you know, you should be happy when you see all of this volatility and all of these moves.

Because if you watch some of these big name tech stocks go up for literally years and you're like, oh, I should have bought here, I should have bought here. These pullbacks can really bring opportunity because you don't want to buy the top. I mean, sometimes that works. You buy the top and it keeps going, but it's always better to kind of look for pullbacks to get entries. So that's kind of what we're looking at right now. So welcome back, Matt. How's it going? Good, good. Thanks, Tim. Yeah, I mean, we were talking about this and kind of you thought of a title, like, you know, how to play a market pullback. And I was hesitant to even use the word pullback because as of right now, the S&P is down about 4% from an all-time high. I mean, what do you call it?

And then NASDAX down about 10%. So that's correction territory, if you will, on the border

of correction territory. So I was hesitant to call a pullback because we need to realize that

4% pullback from a higher or drawl down from a high. That's not much. That's pretty damn normal.

I mean, every healthy bull market has a lot pretty damn normal. I mean, every healthy bull

market has a lot of those happen. I mean, if you go back to 1928, the average drawdown at the

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