Nasdaq rebounded sharply after hitting that important 8200 level. We are not out of wood yet.
Regardless, permabear will continue to avoid the stock market and will keep calling for market crash, not knowing that when there is a correction, its the best time to buy high quality stocks or good companies.
Now, I understand why so many people are poor and only few people are rich. Its their mindset and thinking.
Just look at Tesla, how many people lost money shorting Tesla? Despite the massive corrections, it seems like Tesla may never go sub 200 again. Talking about missing a bull run and a parabolic rise.
There will be other stocks or companies that will do 10-20x, and most people will miss out because they don't want to be rich.
Taking risk is part of becoming an entreprenuer and part of how someone can grow their wealth.
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