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> Just because stocks have fallen 20% does not mean they will continue falling, and making a new high does not mean they will continue rising I agree with you
by mzharov 4y ago
> Just because stocks have fallen 20% does not mean they will continue falling, and making a new high does not mean they will continue rising
I agree with you that it's not a useful metric to inform any trading decisions, since the past performance leading up to the "bear market" isn't indicative of the future performance, but I find some joy in seeing the recovery and eventually the new peak. Essentially, this website is a nice visualization of that
That's actually why the disclaimer is there too :p just to make sure no one takes it very seriously