Math isn't difficult. This will be increasingly common. Going from 25,000 to 26,000 is a 4% gain. Going from 1,000 to 2,000 is a 100% gain. Relative changes matter, not absolute.
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FINALLY! Someone else who understands
#DenominatorsMatter. Meaningless milestone. Each +1,000 DJIA move is a SMALLER percentage increase from last one. As a comparison, on 11/30/2011 the DJIA moved +490.05 points to close at 12,045.68. A +4.24% change in ONE day. -
Yep, on Black Monday, the Dow fell 500 points, half as much as claimed here, yet represented a 22% drop
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Weird how percentages work.
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The bubble burst is closing in.
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...and the smallest in percentage terms
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Wouldn’t that make sense? Each thousand point marker is a smaller percentage of the whole as you get bigger.
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Meaningless milestone. Each +1,000 DJIA move is a SMALLER percentage increase from last one. 20K +5.3% 21K +5.0% 22K +4.8% 23K +4.5% 24K +4.3% 25K +4.2% 26K +4.0% As a comparison, on 11/30/2011 the Dow moved +490.05 points to close at 12,045.68. A +4.24% change in ONE day.
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Lol that's such an underwhelming statistic
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- End of conversation
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We know what comes after a meteoric rise,a meteoric fall
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All down hill from here
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Personally I'm always startled by record highs since they tend to be followed by record lows.
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@JohnKStahlUSA Jan 14 Barry thinks he should get credit for the booming stock market. This buffoon couldn’t run a lemonade stand and wasn’t sure where jobs came from.#tcot#ccot#gop#magapic.twitter.com/lz2iQMAZsz
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President Trump 'Made America Great Again!'
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Winning!!! MAGA!!!
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But percentagewise...
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