Re: options (finance)
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So if the dollar rallied tomorrow that would retroactively transform the markets from bear to bull according to you.
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nobody's saying that. you're dumb.
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The market increased in its nominal value, trended upwards and was stable and predictable, it was a bull market. (note the was)
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i personally couldn't care less about nominal value, or the short-term stability or predictability of the market.
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They might not be saying that, but that is the inescapable logical outcome of that statement. Maybe that escaped you.
There are so many reasons why calling the market for the last 5 years bear is ridiculous. As I have said, if the dollar increases in value, that retroactively changes it from bear to bull, also, if you call it bear you have no way of distinguishing the last 5 bull years from the true bear period that proceeded it.
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Wouldnt the correct way be to look at both the rate at which the dollar declined and the Dow rose? You said said "if the dollar falls 50% tomorrow"... Well the dollar didnt fall 25% in a single day, it slowly declined over a longer period of time, while the Dow also rose. The dollar is worth significantly less than before, so how the hell can you claim that it is a bull market if the value of a company has declined?
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