The Buffett Indicator shows stocks are expensive at 216%, well above the 160% reading before the 2000 crash and 110% before 2008. But does this metric work in modern markets with overseas earnings and intangible assets? This article explains why we're still buying dips despite elevated valuations. Learn why the 3 T's - Trend, Timing, and Technicals - provide better trading signals than valuation ratios, how to use the Buffett Indicator as context not a clock, and when actual