Just for fun, today I'm introducing HARIX the Hellasious Appetite for Risk Index. (It's pronounced hairy-x, for obvious reasons.. har, har, har:)
In a totally unscientific and arbitrary (-ish) way, it is calculated as the sum of the capitalizations of Bitcoin, Tesla and GameStop. Below is a chart tracking it from 1/1/20 to today.
The Hairy Ride Of HARIX Up... And Maybe All The Way Down?
HARIX rose almost tenfold within just a year from 1/1/20, and has now corrected 40% from the top.
BUT!! It is still up 550% from when its wild ride started in 2020. My opinion? Don't go bargain hunting, don't attempt to catch a falling knife.
Also... here's a recent ad from one of the world's premier yacht brokers: