Michael Batnick
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Appearances Over Time
Podcast Appearances
I get it.
So let's go through some of the shit that's happened.
So the quantum computing names.
fell 13% in five sessions.
Look at the one that these names are on, okay?
Well, no, there's multiple ones.
So shout out to Wisdom Tree.
This was, the Defiance one had like AMD and other stuff in there.
This is the real shit.
The space ETFs fell 20% very quickly.
Um, the DJ and Dow, look at, look at this.
Like, yeah, rolled over pretty aggressively.
So here, so here's the deal.
I think corrections like this are healthy for a million reasons, but even just for like, we get lulled into complacency when you've had such a long bear bull market.
And I don't mean like the last like 10 years.
I just mean like, like since the March lows, right?
We, we have like a false sense of security.
And sometimes we, um, as human beings, we fly too close to the sun and we need to be reminded.
Oh, f**k.
Like I was overexposed.