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  • Values Have Dropped Less than 25% of the Fall Required to Reach Trend Status [View article]
    Asset values behave in a lognormal manner, not linear. Any long-term chart using linear rather than exponential extrapolation shows a basic misunderstanding of price behaviour.

    Plot the chart again using a log scale for prices, and everything will make more sense, and will, not surprisingly, coincide much better with reality.
    Nov 12 06:33 am |Rating: +4 -1 |Link to Comment
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