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S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.59
(
0.00%
)
Bitcoin
61,183.25
(
0.65%
)
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DewDiligence

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DewDiligence

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Re: semi_infinite post# 21288

Friday, 04/10/2020 4:28:21 PM

Friday, April 10, 2020 4:28:21 PM

Post# of 29313
MET’s stock has recovered, in part, due to Fed stabilization of the bond market and recent bullishness in the stock market (which may be misguided).

From the 2/12/20 high to the 3/23/20 low, the stock fell 57%. From the 3/23/20 low to yesterday’s close, the stock gained 55%, but that still leaves it 33% below the 2/12/20 high. That’s not a typo—do the arithmetic!

I thought about adding near the bottom, but I never pulled the trigger.

Please see #msg-154310158 for related info.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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