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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (4418)6/7/2001 3:58:14 AM
From: Maurice Winn  Read Replies (1) of 74559
 
<Wes keeps saying this market is driven by liquidity.....Okey Dokey....As though it matters what drives prices higher for those of us who own'em. There seems to be plenty more liquidity where this came from.>

Share prices are driven by returns compared with interest rates for cash. If interest rates are worse than what people expect to get from shares, up go share prices.

<BTW is the fishing as good as advertised down there? > Yes, but I prefer fishing in the Nasdaq. Fishing for bites in the Financial Collapse stream is rewarding too.

Mqurice
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