Tom Nash
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If you panic sold yesterday you should NOT be investing
🕑 Added 2024-12-19 16:16:21 +0000 UTC
Comments
Generico Fakero
I think you’re on point here. The market tends to overcorrect in both directions, it’s human nature. When emotions run high, you often see these exaggerated swings that don’t match up with the fundamentals. And yes, Tesla had a massive run up, so some pullback was inevitable. But that doesn’t mean the underlying story has changed.
Generico Fakero
always brother
Jonathan Aufderheide
I often look for big market overreactions to specific stocks/news as buying opportunities. This feels like a broad-scale overreaction. Granted, the pullback was probably warranted given the run up of the year, and especially the last few weeks. But agree with Tom--this was not a panic sell moment (if there ever is such a thing). Market made nice double bottom today at 730 and 815 (Pacific time), so let's see if that holds up
Ray
Thank you, Tom, for holding the community together and into the New Year!!!
Generico Fakero
happy to help
Reidar Brenden
Never crossed my mind 🙂.
