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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%4:00 PM EST

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To: Jay Rommel who wrote (3990)1/14/1999 5:25:00 PM
From: Richard J. Byrd  Read Replies (2) of 99985
 
Jay:
Interestingly, the stock market is NOT a zero sum game. If I buy a stock for $10 and sell it to X for $11, I make a dollar. X sells it to Y for $12 and X makes a dollar. Y sells it to Z for $13 and and Y makes a dollar. Everybody who had their hands on the stock made money.

Dick
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