Post #2917335
2025-06-21 20:24 UTC
@1337@techhub.social @JustinDerrick@mstdn.ca @zenhob@butts.team that's the argument against shorting something overvalued though isn't it?
Cashing out before the pop is a different thing.
Replies (1)
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@JustinDerrick@mstdn.ca 2025-06-22 12:53
@davey_cakes@mastodon.ie @1337@techhub.social @zenhob@butts.team It's still 'timing the market', which is generally bad (see: day trading) but sometimes it seems obvious that a correction is overdue (see: TXF.TO or XIT.TO 2023-2025). I actually held my tech stocks through the 2022-2023 slump, because it felt like there was no real reason to jump -- no structural issue, no obvious over-valuation or bad direction -- and more importantly, no where else to go and put the money that looked way better.