these article are kinda funny as they treat 600 like its still 2000. Its like 1% from 50000. 2008 it went from like 12k to 6k and nearly halved. The dot com it was like 25%. The market is completely disconnected from day to day life at this point
Market’s a pump and dump now. Down 800 today, up 1200 tomorrow. Everything recovers in days or maybe weeks and always to new highs. Even covid recovered in less than a year. This is not a normal market, it’s just pretending to be.
I sorta feel covid short circuited a long overdue correction that just has it being a pure fiction now. If we ever do get a real correction its going to dwarf anything historically.
They never report these “drops” and “crashes” as percentages, as it would kill the headline. Let’s talk about the percentage of the existing number that still has true value.
these article are kinda funny as they treat 600 like its still 2000. Its like 1% from 50000. 2008 it went from like 12k to 6k and nearly halved. The dot com it was like 25%. The market is completely disconnected from day to day life at this point
Market’s a pump and dump now. Down 800 today, up 1200 tomorrow. Everything recovers in days or maybe weeks and always to new highs. Even covid recovered in less than a year. This is not a normal market, it’s just pretending to be.
I sorta feel covid short circuited a long overdue correction that just has it being a pure fiction now. If we ever do get a real correction its going to dwarf anything historically.
They never report these “drops” and “crashes” as percentages, as it would kill the headline. Let’s talk about the percentage of the existing number that still has true value.