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S&P 500
5,487.03
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0.25%
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US TECH 100
19,430.40
(
0.14%
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38,834.86
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84.55
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Post# of 32754
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Imagineer66

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Imagineer66

Re: Bruce-007 post# 21826

Tuesday, 12/01/2020 10:18:12 PM

Tuesday, December 01, 2020 10:18:12 PM

Post# of 32754
The math is incorrect but the sentiment is not.

For the math part.

$1 + 100% gain ($1) = $2
$2 - 40% loss ($2*0.40=$0.80) = $1.20
$1 to $1.20 is a 20% gain.
Still good but the original calculation was off.
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