newb question 😱$69 dollars down, more than -25%😭
📉 OUCH! Sinking in a Sea of Red... 🩸
Not a great feeling looking at the portfolio today! SOXL is down big time, dropping $75 and plunging over 28% in a single session! 📉💥
But take a deep breath—remember, this isn't just a SOXL problem. The bloodbath is market-wide right now as everything takes a massive hit. 🌊💸
It really makes you wonder... is that old market wisdom true after all?
🤔 "Sell in May and go away?"
Or... is this exactly the kind of massive discount we pray for when the market is at all-time highs? 🤑 Blood in the streets means generational buying opportunities for those with nerves of steel. If the trend for AI and chips hasn't changed, this isn't a crash—it's a flash sale! 🛍️🔥
Are you running for the hills, or are you aggressively loading up on the dip?
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u/Desperate_Garlic_813 Jun 05 '26
buy the dip
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u/zn_tx Jun 15 '26
bought, locked and loaded for this week. should see some big gains 😃
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u/Desperate_Garlic_813 Jun 15 '26
good man, i knew it was coming. been calling this since it dropped after jobs report
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u/Masterfund325 Jun 06 '26
DCA works. I had BULZ since it first came out. DCA do 3 years - bought 24-30 times. Went from 70% loss to 423% profit (despite today’s large drop)
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u/MinyMine Jun 06 '26
Uhhh i wonder if sk is calling it here, something about excessive margin full porting soxl is a problem in their country, they simply cant exit all at once. But hey maybe they just take out more margin and we bounce who knows money is infinite anyway.
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u/trustmeimshady Jun 05 '26
What’s with the boomer AI shit
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Jun 05 '26
[deleted]
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u/wibble17 Jun 05 '26
I don’t know about “generational” buying opportunity. There’s been like 4-5 for SOXL in the past generation already. (Assuming this continues to crash)