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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: TraderAlan who wrote (5677)11/8/1998 5:03:00 PM
From: HiSpeed  Read Replies (2) of 12617
 
Your assumption is that the stock market must stay in a fixed trading range or that it must eventually go back to zero. I do not see that happening. Perhaps this analogy to the economy would be appropriate: some people see the economy as a fixed pie in which for each person to have a slice, someone else must lose part of their share. In that respect, for every winner, there must be a loser. However, what I see is an expanding 'pie' that lets more and more people get larger and larger pieces. If we accept that the economy (and market, too) are always in a LT expansion modes then there need not losers. This is why investing works - the never-ending expansion (a LT uptrend). jmo
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