Or any other month you choose.

I am currently re-reading "The Great Crash" by John Kenneth Galbraith, which explains the origin and effects of the stock market crash which caused a global depression.

Boiled down to the essence, the crash started with a manic rise in the stock market exaggerated by leverage made available by a massive gushing of money, supported by 90% leverage through "brokerage loans" (now simply called margin). In many cases, the prices of shares became completely detached from the underlying asset base and it became the share certificate itself which was the commodity being sold at ever-increasing prices.

With the advent of cryptocurrency, the relaxing of bank reserve requirements, the reduction of interest and the ability to leveraged investment through derivatives, we are seeing a condition which rhymes the late 1920's.

Just remember, when it hits the fan hard, everything gets covered in crap, whether good, bad or ugly. If you have not sold by then, there's no point in selling as the cow has left the barn - and all you can do is outwait her coming back. Those whippersnappers amongst us who are too young to have lived through a major stock slam combined with a financial panic (the one during COVID was a pygmy in comparison) should do some introspective candid evaluation as to what their pain threshold is if their wealth on paper was to precipitously take a double digit dive.

Eat, drink and be merry ...

Jeff