agip wrote:
Ghost of Igloi wrote:
Not really. High point to high point. Far more relevant than a snap shot at a high and assuming the future ten years will replicate. Not likely at all.
I don't understand why it makes any sense to start the clock on a high point.
No one puts all their money in the market on one day, the worst day in decades to do so.
It's an almost useless stat.
It's a useful as claiming you're ahead on Election Day when all the votes haven't been counted.
Igy is basically a stock market version of "Stop The Count" lol. And complete with all the conspiracy theories and desperate grasping of hope. "Just you wait!!!! Any day now!"