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Strategies & Market Trends : Roger's 1997 Short Picks
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To: phbolton who wrote (9080)12/30/1997 3:46:00 PM
From: MulhollandDrive  Read Replies (1) of 9285
 
....only in the case of stocks will people buy just because the price is rising... Well if I ever had any doubts about Jimmy Rogers market analysis skills that one cinched it. Comparing equities to VCR's, refridgerators? You have got to be kidding. I think Mr. Rogers has been on his Harley too long and his helmet must be too tight. Hey Jimmy, I think they call it supply and demand. Come to think of it, I think it even works on refridgerators and VCR's too. If you follow his logic, we'd all be driving Yugo's, now them's CHEAP! I don't care what it is, if you have a market and there is a demand for whatever, until somebody comes along with a better product or service at a better price, people will pay the cost. Sheesh!
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