Woobenny
2022-05-01

Would expect a higher volatility in the coming months, though the current tech downtrend somehow reminds me with the internet dot com bubble in early 2000s.

FAANG Stocks Plus Microsoft Lost $1.4 Trillion in Market Value During April
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Comments

  • LimLS
    2022-05-01
    LimLS
    the difference is these companies are still highly profitable while during the dot-com bubble, most had nothing to show on their balance sheet. So if a bear do come, it should not blow up too badly
    • Woobenny: 
      Yeap agree. Hopefully it doesnt turn too ugly and consider this as a good opportunity to DCA 👍🏻
    • PaperPlay: 
      This is indeed true! Thank you for reminding especially to those who didnt witness the Dot Com bubble.
  • Eded
    2022-05-01
    Eded
    Let it dip further for two months
    • Woobenny: 
      Haha yeah! Was expecting the market to rebounce in the next few weeks before plunging again 😆
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