This is millenial thinking. Buying the dip.Originally Posted by Kalam
So does this mean in theory in this market if one sold stocks after a big spike and then bought back in after a correction, they would most likely do better than the market, or even just keeping the money in cash??
No sooner did I write this than Marketwatch prints this
Printing this on June 10th is too late for Sonatine. nvidia nostalgia to ‘tine was as powerful as Saved By The Bell is to Druff.
That whole mindset needs to be turned on it’s head. You are shorting the spike. In a bear market the primary move is down. Be on the right side of history.
We’ve had a massive move already and could see a 7% bounce but understand dip buying went out with man buns so tread lightly
I’ve been taunting Sonatine for a couple of months with “sell the spike”. I saw evidence of him bargain hunting (NVDA) and I like him so I want to help.
Ridicule is love
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