• Ghost of Igloi
      registered
      • RE: Down goes the Dow 3/14/2018 4:12PM - in reply to Gruntz
      • Ghost of Igloi
        registered
      • Ah, not my posts grunting ☝️ one
    • You got it
      • RE: Down goes the Dow 3/14/2018 4:23PM - in reply to Gruntz
      • You got it
      • [quote]Gruntz wrote:

        Your math skills are atrocious, Igy. This is middle school math.

        57/43 = 1.33

        Now care to explain how you got your answer?

        So you get the point that a large drop like 57% requires a much larger recovery -- 133% -- to get back to even.

        I meant to use the number 50% (a 50% drop needs a 100% run-up to get to even) but got distracted by the actual 57% drop I dug out of the data
    • Math Mann
      registered
      • RE: Down goes the Dow 3/14/2018 4:34PM - in reply to You got it
      • Math Mann
        registered
      • You got it wrote:

        So you get the point that a large drop like 57% requires a much larger recovery -- 133% -- to get back to even.


        The amount of recovery would be the same as the drop. The percent change is different because the calculations are based on different values.
    • Math Mann
      registered
      • RE: Down goes the Dow 3/14/2018 4:34PM - in reply to Gruntz
      • Math Mann
        registered
      • Gruntz wrote:

        Yowsah wrote:

        Math Mann wrote:

        Math matters wrote:

        If you lose 57% as the market did in five month in 08-09, it needs to then go up 114% to get back to even.

        1. Your math is wrong.

        2. It did get back to even and then some.

        The math is wrong? Care to explain?

        Your hindsight is great.

        Your math skills are atrocious, Igy. This is middle school math.

        57/43 = 1.33

        Now care to explain how you got your answer? I’m guessing you'll opt to deflect, as usual.

        This is correct.
    • Purple Martin
      • RE: Down goes the Dow 3/15/2018 7:43AM - in reply to Trews
      • Purple Martin
      • Trews wrote:

        Tell me again why anyone would listen to him?

        It is all about ego. If by chance what they predict happens they feel they will be viewed as a genius.
        Admitting they are wrong is not an option.
    • So wut
      • RE: Down goes the Dow 3/15/2018 7:47AM - in reply to Math Mann
      • So wut
      • Math Mann wrote:

        You got it wrote:

        So you get the point that a large drop like 57% requires a much larger recovery -- 133% -- to get back to even.


        The amount of recovery would be the same as the drop. The percent change is different because the calculations are based on different values.

        That is correct.

        Down 50% -- need to come back 100% to get to even.

        Much harder to go up 100% than to drop 50%.
    • Treews
      • RE: Down goes the Dow 3/15/2018 7:48AM - in reply to So wut
      • Treews
      • So wut wrote:

        Math Mann wrote:

        You got it wrote:

        So you get the point that a large drop like 57% requires a much larger recovery -- 133% -- to get back to even.


        The amount of recovery would be the same as the drop. The percent change is different because the calculations are based on different values.

        That is correct.

        Down 50% -- need to come back 100% to get to even.

        Much harder to go up 100% than to drop 50%.

        This is correct. Not sure most of the believers in the magic of the marketplace worldview understand this.
    • wondering
      registered
      • RE: Down goes the Dow 3/15/2018 8:28AM - in reply to So wut
      • wondering
        registered
      • So wut wrote:

        Much harder to go up 100% than to drop 50%.

        Please explain why that is.
    • Math Mann
      registered
      • RE: Down goes the Dow 3/15/2018 9:20AM - in reply to Ghost of Igloi
      • Math Mann
        registered
      • Ghost of Igloi wrote:

        No, this is correct:


        I'm sorry, but you're wrong. The mathematics I referred to were indeed correct.
    • Purple Martin
      • RE: Down goes the Dow 3/15/2018 9:58AM - in reply to Math Mann
      • Purple Martin
      • Math Mann wrote:

        Ghost of Igloi wrote:

        No, this is correct:


        I'm sorry, but you're wrong.

        And after 3 years, why would you think he would believe this???
    • Rilly?
      • RE: Down goes the Dow 3/15/2018 1:26PM - in reply to wondering
      • Rilly?
      • wondering wrote:

        So wut wrote:

        Much harder to go up 100% than to drop 50%.

        Please explain why that is.

        You really need an explanation as to why it is a number doubling is more of a change then a number halving?
    • wondering
      registered
      • RE: Down goes the Dow 3/15/2018 3:33PM - in reply to Rilly?
      • wondering
        registered
      • Rilly? wrote:

        wondering wrote:

        So wut wrote:

        Much harder to go up 100% than to drop 50%.

        Please explain why that is.

        You really need an explanation as to why it is a number doubling is more of a change then a number halving?

        But you're talking about two different numbers. So, yes please.
    • Ghost of Igloi
      registered
      • RE: Down goes the Dow 3/16/2018 7:14AM - in reply to Everyone Be Happy
      • Ghost of Igloi
        registered
      • Pajama trader warning: After four consecutive days of failed upside breakouts in the S&P, some have noticed a change in sentiment, and as Georg Schuh, CIO of Deutsche Asset Mgmt told Bloomberg, "we have moved our view on stocks from ‘buy the dips’ to ‘sell the rebounds’." adding that "I’m not ruling out one final peak in stocks, but we’re getting late in the cycle and we’re starting to see anecdotal evidence that points toward the end of the rally."
    • Hot air detector
      • RE: Down goes the Dow 3/16/2018 7:15AM - in reply to Ghost of Igloi
      • Hot air detector
      • Ghost of Igloi wrote:

        Pajama trader warning: After four consecutive days of failed upside breakouts in the S&P, some have noticed a change in sentiment, and as Georg Schuh, CIO of Deutsche Asset Mgmt told Bloomberg, "we have moved our view on stocks from ‘buy the dips’ to ‘sell the rebounds’." adding that "I’m not ruling out one final peak in stocks, but we’re getting late in the cycle and we’re starting to see anecdotal evidence that points toward the end of the rally."

        He may be right. He may be wrong.