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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Victor Lazlo who wrote (17869)3/25/1999 12:01:00 AM
From: BDR   of 18691
 
<<Wrong. I never posted that the number of shares decreased.>>

Man, I really don't want to get further into this but we should be able to settle this point and move on.

You said in this post:
Message 8401246

"If you multiply the number of companies listed on the NYSE, the NASDAQ, and the AMEX times the number of shares of each company in the float, you get roughly the same number as you would have 2.5 years ago. In other words, there are the same number of shares available to be bought or sold as there were 2.5 years ago." (my emphasis added)

So yes, you are correct, you didn't say the number of shares are decreasing. But your point, correctly stated, that more money is chasing the same number of shares appears to be incorrect, at least for the NYSE.

Now can everyone back down a bit before this turns into one of those nasty, name calling threads?
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