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S&P 500
5,221.42
(
-0.02%
)
US TECH 100
17,718.00
(
0.20%
)
Dow Jones
39,431.51
(
-0.21%
)
Brent Oil
83.25
(
1.04%
)
Bitcoin
63,071.20
(
2.64%
)
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bar1080

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bar1080

Re: DJ Ponder post# 802

Tuesday, 05/23/2017 2:24:23 PM

Tuesday, May 23, 2017 2:24:23 PM

Post# of 1380
That SEC study covered an exceptionally strong period for the stock market, and still it found about 60% annualized decay for pennies. My guess is the average IHUB newbie, loading up at the top of a pump as often happens, would get cleaned out very quickly.

Of course things get even worse for pennies in a bear market. In the 2000 dot com crash I saw players lose 95% in a few months.

______________________________________________________________
Because the Good Life is Just a Pump or Two Away

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