Yes I know this has been fact checked, but I don’t want to complain about that.
I want to complain how often we hear “down” or “up” by points or dollars over a very short period of time.
It should always be talked about in %. Because people who invest the money don’t give a rats ass about the $ or point increase or decrease. They want to know how much they lost or gained.
Unless you are a broker or market maker, then you care, because it becomes about the volume of trades rather than the actual gain/loss.
Yes I know this has been fact checked, but I don’t want to complain about that.
I want to complain how often we hear “down” or “up” by points or dollars over a very short period of time.
It should always be talked about in %. Because people who invest the money don’t give a rats ass about the $ or point increase or decrease. They want to know how much they lost or gained.
Unless you are a broker or market maker, then you care, because it becomes about the volume of trades rather than the actual gain/loss.
Yeah, and 1000 points in 2012 is 3000 points today. The dow won’t drop 3000 points because they’ll just halt trading.
this is true and no one but you is saying it