Summary
This study explains that TASI moves in psychological phases, with the most important signals being rounded numbers such as: 1,000 β 2,000 β 3,000 β 10,000 β 12,000 β 14,000.
This study explains that TASI moves in psychological phases,
with the most important signals being rounded numbers such as:
1,000 β 2,000 β 3,000 β 10,000 β 12,000 β 14,000.
These levels donβt just stop prices β
they change investor behavior and market psychology.
The real insight comes from combining time + percentage change.
β³ TASI History in Brief:
1,000 β 2,000 | +100% over 6 years
2,000 β 3,000 | +50% over 11 years
(Building & foundation phase)
3,000 β 21,000 | +600%+ in just 4 years (2003β2006)
β Market euphoria phase
21,000 β 12,000 | β43%
Then 15 years without new psychological highs
β Shock and loss of confidence
12,000 β 14,000 | +16.7% in one year (2021β2022)
β Recovery with calmer momentum
π§ Why Rounded Numbers Matter:
Natural buy/sell battle zones
Fast breakouts = strong momentum
Long delays = hesitation and rebuilding
Reflect overall market mood
π― Conclusion:
Markets are not measured by points alone,
but by time and percentage required to reach them.
Very fast rallies = caution
Slow, steady advances = healthier trends
Understanding time + returns + psychology
helps investors act calmly β without fear or overconfidence.