To profit you also need to get out at the right time.
Right now everything seems so inflated. I don't believe this economy represents any of the underlying assets correctly anymore. I really think we are on the verge of one of the biggest bubbles in history.
Time will tell.
Had OP immediately sold, they would've provided a price signal that layoffs are bad in addition to making money.
Someone commented on X. US markets are never going down again just like Weimar Republic stock markets never did.
Don't do the mistake of shorting Weimar Stock markets.
Anyone know a good article that lays out what the bubble pop might look like?
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