Post
Topic
Board Economics
Re: My big economic predictions for next months.
by
slaman29
on 17/10/2024, 08:00:44 UTC
The problem with all this new ATH predictions based on past performance:

Well, to be fair on OP, 117k isn't based on past performance actually hehe.

I mean lets check it. ATH is 73k.

And 73k is just 15% more than the 64k ATH in 2021.

64k is 240% more than 20k ATH in 2017.

20k is 1400% 1400 ATH in 2013.

So actually, past performance points at smaller and smaller returns from ATH to ATH.

But OP is saying 117k. Its 60% more than the last ATH this year. It's definitely not using past performance pattern Smiley