Black Monday occurred October 19, 1987. The Dow Jones Industrial Average dropped 22.6%. Bottom fishing refers to investing in assets that have experienced a decline, due to intrinsic or extrinsic factors, and are considered undervalued. So it seems he's saying people that bought the dip have lost money.
Black Monday occurred October 19, 1987. The Dow Jones Industrial Average dropped 22.6%. Bottom fishing refers to investing in assets that have experienced a decline, due to intrinsic or extrinsic factors, and are considered undervalued. So it seems he's saying people that bought the dip have lost money.
That was a good day, the 4th time I turned 21