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Look at the stock market from 1930 to 1932, and you'll see a series of dramatic upswings, even while the overall trend was steep down.[1] Lots of people lost fo
by DennisP 7y ago
Look at the stock market from 1930 to 1932, and you'll see a series of dramatic upswings, even while the overall trend was steep down.[1] Lots of people lost fortunes trying to jump back in when they saw the market "recovering."
I'm not making any particular prediction for this time. I'm just saying, don't get overconfident just because it's going up lately.
[1] https://www.macrotrends.net/2484/dow-jones-crash-1929-bear-market https://www.macrotrends.net/2484/dow-jones-crash-1929-bear-m...