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Post by playultimate on Sept 3, 2020 18:49:05 GMT -8
Yesterday, I went to the DDS. The hygienist told me that during the furlough she learned how to day trade. IMO, those were the people that were getting shook out today. Like many here, my portfolio decreased in value. But I think this will likely recover in the next two weeks. Much easier for me to hold than it is for me to time the market.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Sept 3, 2020 19:07:19 GMT -8
Yesterday, I went to the DDS. The hygienist told me that during the furlough she learned how to day trade. IMO, those were the people that were getting shook out today. Like many here, my portfolio decreased in value. But I think this will likely recover in the next two weeks. Much easier for me to hold than it is for me to time the market. Exactly. Nobody can time the market, and anyone who tells you he can is a charlatan. You ride it out. And at some point, you buy the dips, not sell them. That's how you get rich. And this is what Jim "own it don't trade it" Cramer should be telling investors, but instead he is incredibly telling his retail fans to sell! He's a menace.
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