With a market this volatile and divorced from reality you can pick a timeframe to make any point whatsoever. No human or algorithm can reliably call these things.
To be fair to STL, though, he made the natural choice of timeframe for this case, starting with when the original post was published and ending at the latest possible date.
There’s a hypothesis out there that, on average, people have “worse than average” market timing. After all, mass stock sell-offs are highly correlated with abnormally low stock prices, and mass stock purchases are highly correlated with abnormally high stock prices...
With a market this volatile and divorced from reality you can pick a timeframe to make any point whatsoever. No human or algorithm can reliably call these things.
To be fair to STL, though, he made the natural choice of timeframe for this case, starting with when the original post was published and ending at the latest possible date.
There’s a hypothesis out there that, on average, people have “worse than average” market timing. After all, mass stock sell-offs are highly correlated with abnormally low stock prices, and mass stock purchases are highly correlated with abnormally high stock prices...