Quote:
Originally Posted by Leon
Maybe I am misreading it?
I guess if you are talking about the day it started, then yes, anything would be an increase (3000%?). Otherwise, it looks like that graph is saying we have record amounts of positive gains, when we don't. The Dow was down by about 10% yesterday, from all time highs. This is more like it, as of today.....(all time high is about 45000)
Dow Jones Industrial Average (^DJI)
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41,502.29
-409.42
(-0.98%)
.
|
The point is that history shows that stocks go up enormously over time, and one should not panic over the inevitable downturns and corrections along the way unless one is on a very compressed timeframe for needing the money. For example, the market has more than doubled since the low pandemic point. Of course, I am referring to the market as a whole, not to any individual stocks.