It’s not a recession
It’s a bear market. You haven’t seen a recession yet. “Recession” is not a word you wear as a badge of honor and tell your girlfriend that you “survived” a recession. And if you can’t keep your head straight in a 20% drop, GTFO of stock market and never come back.
True but let the kids have their fun, it is super funny!
The smart move would be to gtfo the market and re enter during the recession which will be here in less than a year. Check out the smart money index check out the managed funds or the advance decline etc...they’ve been selling every rally since June. The smart money knew 100% yoy growth wouldn’t last. Hope you guys figure out this is a bubble popping. Nasdaq 2,500 sp500 1300 are coming to say hello again.
You think these are just going to bounce back? 😂😂😂
What app do you use to check stock? Where is the above screenshot from?
This is game over. Thanks for playing.
You need some Xanax, bro. You’re losing your isht over a 20% drop.
Srsly. 20% is not game over 😴
They’re gonna wipe away 10 years of bubble growth permabull market in 6 months...maybe less.
Kthxbye
Come on AAPL is not worth fucking 1 trillion on any universe. Way too many tech stocks were overvalued even with the good economy. It's not a recession but it should go down even more.
So true. When Facebook hit $200 I knew it was a lot. By the time I got out it was $190 something. Today it is $126. I was lucky. For my it’s capital preservation
is it worth buying inverse etfs then?
Most likely, especially given everyone is panic mode. Make sure you set some tight stops though, things will reverse extremely quickly if any fundamentals improve (fed rates outlook, trade war) Im just dca currently since I don’t have any time to trade as a side job
What about your existing holdings? Sold anything? Have you been bumping up DCA?
TC or GTFO
Lol oracle