Re:Shorting Tether for Fun and Profit
by tedunangst on Sunday January 08, 2023 @12:13PM
(#34300899)
Pick a shorter timeframe like one month, calculate annualized rate.
Re:Shorting Tether for Fun and Profit
by OscarCunningham on Sunday January 08, 2023 @12:37PM
(#34301124)
Then you'd say 'the S&P hasn't been going up at 7% recently'.
Re:Shorting Tether for Fun and Profit
by tedunangst on Sunday January 08, 2023 @12:58PM
(#34301341)
The pedantry hasn't been making you a more effective communicator recently.
Re:Shorting Tether for Fun and Profit
by TheRealPomax on Sunday January 08, 2023 @01:14PM
(#34301508)
Welcome to finance: if you're not being pedantic, you're probably trying to sell a lie. Verb tense absolutely matters.
Re:Shorting Tether for Fun and Profit
by tedunangst on Sunday January 08, 2023 @01:24PM
(#34301607)
Does anybody here believe aardvarkr was trying to sell a lie with their casual verb tense?
That's a bad idea, since equities have a lot of calendar events and a given month is never representative of a year's performance.
pick 3 months and try it.
Re:Shorting Tether for Fun and Profit
by aardvarkr on Wednesday January 18, 2023 @01:23AM
(#34423964)
I bet you’re fun at parties. The right way to phrase it would be to throw in a “YoY” but clearly you care too much to ever let someone on the internet dare to make such a pedantic mistake. Try contributing to the conversation instead of detracting from it.
It always sounds weird to me when someone uses the present continuous tense to refer to the rate of change of stock prices. Like, how are you taking the one-sided derivative of a fractal?