LogFAQs > #968295498

Just browsing reddit and twitter, seems like alot of long-term investors think its a good time to buy because they think prices are down. They are actually more encouraged DCA'ing because they think every buy from here on out is a good one.

It just makes absolutely no sense to me, it just sounds completely idiotic. This isn't some kind of correction. The fed has literally told you its targeting a higher unemployment. They have literally told you there will be pain and suffering...now in back to back press conferences. Everyone shit on the fed a year ago for being dovish, now they are hawker than the hawkiest hawks.

All we've seen is the market trying to price the rate hikes. We have not seen the actual effect of the rate hikes slowing down growth. Literally every indicator in existance that points to recession is pointing to recession. We're seeing huge sell-offs and we're seeing big money go into short calls.

I may be talking crazy and might be completely wrong. But I've looked at all this repeatedly at different angles and I've failed each time to see how I'm the one in the wrong.