r/investing • u/waitbutwhycc • 2d ago
Most Predictable Drop of All Time
I posted here right after the first crash in February “Don’t buy the dip, this is more 1929 vibes than 2001.” In response I got almost 100 replies telling me not to time the market, before it got removed by mods for being a “question” (it was not).
Literally all Trump is doing is exactly what he promised on the campaign. And virtually every economist knew it would cause a recession. Even after the crash yesterday he doubled down, saying he might add tariffs on semiconductors and pharmaceuticals too. He is simply trying to remove us from global markets, and it’s working!
Buy the dip once people start actually pushing back against Trump - no real reason to buy before that point.
2.7k
Upvotes
2
u/Fabulous_Sherbet_431 2d ago
Lmao, this is such classic confirmation bias. ‘You all doubted my calling three tails in a row, but look at my coin flips now!’
You can be right for the wrong reasons and wrong for the right reasons. Calling some kind of 1929 crisis (which… this isn’t) puts you in an exclusive club of pretty much every market participant at some point in time.