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Saturday, April 29, 2023 7:26:14 PM
But I also have to realize that the DOW was up +524.29, Nasdaq was up +287.89 and the S&P 500 was up +79.36. today
That is not all you said in the original post, you compared those unit-less (unlisted units) for the Index increase numbers to the % increase of $SIRC. That made the increase SIRC look small to many..... When in fact the % increase in the SIRC share price was 250% more than the % increase in the DOW.
This claim "DOW was up +524.29" is a so called points system for the DOW index and it is not %, and you mentioned that in the same post with the % increase of $SIRC.
A proper comparison would have been to quote the % increase of the DOW that day to the % increase of $SIRC that day, thus comparing % increase to % increase.
$100 invested in each one at the prior day's close, would have resulted in a 250% higher RTO Return on Investment for the $SIRC bet that day that close rally on both discussion started.
That made it obvious to me it was time to post an educational post on why Units Matter in comparisons as well as everything else....maybe I need to post it 50 more times. We will see.
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