GDP grew at 1.6% rate in the first quarter, lower than expected.....DOW opened down 500+ points

Eggs were nevrer 89 cents in the modern era.. how old are you? Prices always go up. You used to get them for a quarter. Overall, in the last year food prices are up 2.2%.

lol only a blithering idiot would say that. Where the fuck do you live that eggs were never 89cents a dozen????
 
lol only a blithering idiot would say that. Where the fuck do you live that eggs were never 89cents a dozen????
I’m not old enough to have grand kids so eggs haven’t been 89 cents in decades. Certainly not since you started wearing depends.
 
and it got more than half of that back today


I don't think it works straightforward. I have been trying to figure it out as a usable equation?
*****************************************

If you had $100 and MKT dropped 50% in one day you would have $50 left.
The market would have to go up 2X to back to $100. ($50*2.0) = $100
2X is 200% gain required after 0.5X or 50% droop. as an example.
******************************

If the market dropped 25% >>>> $100 - $100*0.75 = $75 ;
solve for X * $75 to get back to 100:
$100=75*X therfore: X=$100/75 =1.33 Market has go back up 33% your $100 back.
33% - 25% is an 8% extra hit you have to make up.

Therefore: ORG amount divided NEW amount is the GAIN required to break even?
Try 2% down: Now you have $98 left. $100/$98 = 1.0204 so yes...smaller drops also have to increase more to get back to even, But only 0.0004% additional over 1 day drop.



Bottom line: any time MKT has drop....you must make back ORG/NEW (percentage) to get back to even. Big drops are harder to make back. Use your brain, not MSLSD or CNN cletus.
$100 drops 75% in one day. You need $100/$25 = 4.0 times the new $25 to break even.

You are welcome in advance.
Supreme Leader
 
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I don't think it works so easily as you say. I have been trying to figure it out as a usable equation.

If you had $100 and it dropped 50% in one day you would have $50 left. The market would have to go up 2X to back to $100.

If the market dropped 25% >>>> $100 - $100*0.75 = $75 ;

solve for X * $75 to get back to 100:
$100= 75*x =100 .....X=$100/75 =1.33 Market has go back up 33% to 100.

Therefore: ORG amount divided by new amount is the GAIN required to break even?
Try 2% down: Now you have $98 left. $100/$98 = 1.0204 so yes...smaller drops also have to increase more to get back to even.
It’s already within 200 points of its all time high.
 
The Dow opened 500+ points down.


Do you have a ++++ Dow Updated Daily report?

I DO>


Screenshot 2024-04-26 at 3.09.12 PM.png
 

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