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A comment on Dow Falls 2997 points worst drop since 1987 crash. Parent comment

Re:Dow Falls 2997 points worst drop since 1987 crash by leetcrew on Monday March 16, 2020 @05:31PM (#22598110)
this is much riskier than just holding. stock prices are about expectations, not necessarily reality. for all we know, everything might spike back up to January 2020 prices the second there's an inflection point in the new infection rate, and you could miss your chance to buy back in.
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Re:Dow Falls 2997 points worst drop since 1987 crash by zone411 on Monday March 16, 2020 @07:05PM (#22599212)
No. Being in cash is always less risky than being in the market. "Missing a chance" is not what "risky" means.
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Re:Dow Falls 2997 points worst drop since 1987 crash by che_shirecat on Monday March 16, 2020 @08:48PM (#22600202)
obvious, bordering on pedantic, point. OP is saying that trying to time the gap up is less likely to pay off P/L-wise than just holding the course
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Re:Dow Falls 2997 points worst drop since 1987 crash by zone411 on Tuesday March 17, 2020 @02:14AM (#22602226)
Not in this thread it is not. Stock market threads on Hacker News are about the same level as your doctor uncle trying to explain monads to your artist sister, I'm sorry to say. Words have specific meanings, and this just serves to confuse your average Robinhood or E-trade investor.
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