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Strategies & Market Trends : Beat The Street With SI Traders

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To: stan_hughes who wrote (768)	12/18/2009 9:14:38 PM
From: E. Charters	1 Recommendation Read Replies (2) of 233893

I know why the market went down. I know. There was more selling available than buying. It's the law of supply and demand. Just listen to this true story. A man comes to a village in the rainforest and he notices it is overrun by monkeys. He announces to the villagers that he will pay ten dollars for each monkey they catch. The entire village gets busy and starts pocketing money for the monkeys they are trapping. When the monkey's get scarce, the man announces he will pay 15 dollars per monkey. Every once in a while he lets a monkey loose, and the villagers round it up and sell it back to him. He starts paying 25 dollars for a single monkey. Somebody notices this asks him why he let the odd monkey go. He tells them he is keeping the monkey market alive and besides they breed better in the wild. Then one day he puts all the monkey's in a big cage, and leaves town promptly, leaving his assistant in charge. He tells the people that he is going to get a buyer for the monkeys at a huge price. Barrick Gorilla was on the horizon and it was rumoured they would buy every monkey for a three ring circus they were starting in the USA. The president of Barrick Gorilla, Peter Munkey, appears on TV and he solemnly intones that the villagers live in monkey heaven and BG would be looking at a breeding program in the region. When the monkey buyer had been out of town for a few days the assistant announced that the man would return and pay each villager 50 dollars per monkey. The assistant suggested they buy the monkey's for 35 dollars per animal and then they could sell them all back to the man for a profit when he returned. They promptly broke their piggy banks and forked over all their cash, eagerly awaiting his return. Months passed and the monied monkey man did not show. Some time later, when the assistant left town, the villagers sobered up let all the monkeys go. Now there were monkeys everywhere just as before, and everyone was broke. Moral of the Story: Now you know how the stock market works. Don't let it make a monkey out of you. When the buyers leave town, they ain't coming back. EC<:-}

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