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Non-Tech : The Critical Investing Workshop

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To: RocketMan who wrote (15894)4/23/2000 6:35:00 PM
From: Boplicity  Read Replies (1) of 35685
 
re: It is all about perception, not reality. A stock is worth whatever someone is willing to pay. No more, no less.

I want that on my tombstone. <g> When I finally understood the above the market unfolded in front of me. That's why chart reading is so important. So is life by the way. There is no reality, it's group think, what every the current group is thinking is reality, it's also relative. LOL! When I tell people about the perception rule of the market their eyes roll up into their head, then I mention stocks are like land prices, it's sort a clicks then. I use this to clinch it. It's not a stock market it's a market for stocks. <g>

Greg
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