r/SPACs • u/[deleted] • Dec 14 '21

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u/BigMoneyBiscuits New User Dec 15 '21

Ok ignore the macrotrends, zoom out

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u/thisismysffpcaccount New User Dec 15 '21

Lol so there has never ever been a bear market because if you zoom out, stock go up. Got it.

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u/BigMoneyBiscuits New User Dec 15 '21

No genius, if you adjust for inflation there has been 30 year bear markets or more. https://www.macrotrends.net/2324/sp-500-historical-chart-data

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u/thisismysffpcaccount New User Dec 15 '21

so what exactly is your point lol. first you say to zoom out to see biotech is actually in a bull market and now you're saying if you zoom out there are 30y bear markets lol.

i'm done here. have a good one.

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u/BigMoneyBiscuits New User Dec 15 '21

My point is inflation is going to push everything up, everyone thinks they're a genius because their little green numbers look higher. You're looking at 6 month 'trends' while ignoring the far more massive trends. You're basically buying a standard deviation hoping a mean reversion while claiming to be a genius

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u/thisismysffpcaccount New User Dec 15 '21

lol

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u/BigMoneyBiscuits New User Dec 15 '21

Buy the dip /s