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Posted On: 02/12/2024 12:13:53 PM
Post# of 148870
I can't reply to Hulk because he has me on ignore.
I don't think his characterization of the market is apt. He writes,
From early 2020 to the end of 2021, the Nasdaq average went up about 10,000 points. From late 2022 till the present, Nasdaq went up about 8,000 points.
The monthly average rise over the two periods is very close to the same.
Which makes you wonder why the guy would so wrongly want to characterize those days as the good times and these as the bad ones. Maybe to dissuade people from buying shares.
Sometimes the bashing is subtle, sometimes it's just plain gaslighting.
I don't think his characterization of the market is apt. He writes,
Quote:
the sugar rush days of 2020 / 2021 are long gone, and won't be back for 10 years at least
From early 2020 to the end of 2021, the Nasdaq average went up about 10,000 points. From late 2022 till the present, Nasdaq went up about 8,000 points.
The monthly average rise over the two periods is very close to the same.
Which makes you wonder why the guy would so wrongly want to characterize those days as the good times and these as the bad ones. Maybe to dissuade people from buying shares.
Sometimes the bashing is subtle, sometimes it's just plain gaslighting.
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