/biz/ - Business & Finance

This is NOTHING guys. You guys have been spoiled by like 3 fucking months of continual green, you're bitching about a proper 5% correction in the OBVIOUSLY overbought NASDAQ. Did you really think a 50% surge on Zoom was normal market economics? Really? Did you think Microsoft going up 5% off of a TikTok acquisition RUMOR was normal?

Get real.

I have no doubt that NASDAQ won't drop below 11300 or so based on technicals, but you guys have been asking for "the dip" and well, here it is. If you're too scared to buy into a "falling knife" and want to just "time the absolute bottom" then I have news for you. You failed to time the absolute top yesterday so you could sell it and buy the absolute bottom of the "dip" today.

If you're a tech bull like the rest of the market, just buy the fucking dip today, long dated. If you're a bear and believe the correction can last through Labor Day, get some puts or go in on SQQQ/UVXY.

Just do it. You guys wanted March level sales. This was an average day in March. Deal with it.