/biz/ - Business & Finance

>>11284699
I do want to say that there is a time and place to hold a company for an extended period. I held SHOP last month for a majority of the month and made 10% then sold since I figured it was too long without an interruption. But the market is very uncertain right now, and tech stocks along with service stocks might deflate very soon. It's really hard to tell. I think the tax cuts really boosted the earnings reports though. So things might've been prolonged and thus the big bear might've been kicked further down the road. This isn't the time to buy and hold in my opinion, too many people investing are cynical and ready to take what they have out at the first sign of trouble. Especially since people have the mentality that the market is on a cycle and will crash very soon. Self-fulfilling prophecy at that point.

I think the next crash wont be as bad as we think it will be frankly.

Hope this helps some anons.