Staring you square in the face is the best buying opportunity in stocks in 18 years – since the market lows in 1990. Even with the recent dramatic decline in stocks, the Dow Jones Industrial Average and S&P 500 are up more than four-fold from those 1990 lows, and the Russell 2000 is up by more than five-fold.

Such buying opportunities are exceedingly rare. That is because they require a huge of amount of negativity – enough negativity to cause scores of investors to panic and throw away their stocks at any price.