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by hearsathought 254 days ago
> Buy the dip.

We've truly arrived at a strange time in history where a 1% drop is a considered a "dip".

> My prediction is we'll be at all time highs again a month from now.

If a global pandemic and a global trade war can't stop the market, seems like nothing will. The market will be bid up until whoever is in charge decides times up.
2 comments
linuxftw 254 days ago
Nasdaq lost 3.47% and SP lost 2.71%. That's more than 1%, obviously. Very large downwards move.
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AnimalMuppet 254 days ago
20% is a "large downward move". 3.47%? Not so much.
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rsync 254 days ago
"If a global pandemic and a global trade war can't stop the market, seems like nothing will."

What will stop the market is the sudden realization (among retirees and near-retirees) that all of this AI bubble talk is relevant to their interests because their equity index exposure is actually 1/3 mag7 exposure.

They will, correctly, decide it is time to reduce equity exposure (possibly to zero, depending on age and situation).

This is, potentially, a recipe for a very abrupt and disorderly rush for the exit.

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