Regarding the Recent Stock Market Movement
I know that many of you may be experiencing such heavy losses or even margin calls for the first time. However, while individual hypergrowth/high-beta stocks that had massive returns over the year (for example, Sandisk was up nearly 5,000% in one year) are now experiencing what could be considered a "correction," the index (QQQ) is still trading very close to its highs. Do you think this is truly the bottom, or is there still room for a further correction (or even a risk of a crash)? Just wanted to check others' pulse and point of view on whether this is just the beginning or a small correction. Most importantly, remember that your life is more valueable than money and please don't harm yourself or your loved ones. P.S.: I'm purposely not bringing up more speculative or unconfirmed topics, such as potential Fed rate hikes.   submitted by   /u/Warren_Buffets_Son [link]   [comments]
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