So, to be clear, in your investment experience, when you say a "market crash" what you mean is a sell-off that lasts only one day or a few hours in one day? (The DowJones Average actually closed UP yesterday by almost 300 points...not exactly a stock market "crash.")

And you don't it interpret a market crash to mean a sharp sell-off which is the start of a prolonged downturn such as when COVID rattled the stock markets for almost a year?

So you actually believe a "market crash" is ONE BAD DAY in the market?!?

Should I add this to your list of incorrect statements which include "I work 3 days a week and I make $150,000 a year and next week I'm working Thursday, Friday and Saturday" but we later learn you really meant by that "I don't work anymore and I haven't worked any days since last July"???

This post was edited on 1/28/25 at 12:22 pm

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Posted by NC_Tigah

Make Orwell Fiction Again

Member since Sep 2003

135588 posts

Posted on 1/28/25 at 4:08 pm to John Barron

quote:
You mean like NC Boomer and NAFO Troll "claiming" on Monday when the stock is crashing that they sold their Nvidia stock on the previous Friday

That's fair, but then there were another set of associated posts. No?

Specifically, those associated posts were respondent to your sky-is-falling premise.

This post was edited on 1/28/25 at 4:10 pm

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Posted by NC_Tigah

Make Orwell Fiction Again

Member since Sep 2003

135588 posts

Posted on 1/28/25 at 4:23 pm to LSURussian

quote:
So, to be clear, in your investment experience, when you say a "market crash" what you mean is a sell-off that lasts only one day or a few hours in one day? (The DowJones Average actually closed UP yesterday by almost 300 points...not exactly a stock market "crash.")

Funny story you'll appreciate. Sold a bunch of GM, CB ~$30, yesterday ahead of earnings. Premise being high interest rates would be a headwind going forward.

Just hoped the earnings call wouldn't be too good.

Welp ... earnings were great ... sh*t, sh*t, sh*t! ... oh well ... win some, lose some