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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Don Lloyd who wrote (62487)6/16/1999 9:43:00 AM
From: BGR  Respond to of 132070
 
Don,

Supply and demand determine the margin. The willing buyer will raise the bid if there are no sellers. Hence, you are confusing the cause with the effect.

Future trajectory of price depends on future supply and demand, which nobody can predict.

Let me substitute B&H's by insiders forbidden to sell (as in the INut stocks) which probably will be an easier example to comprehend as to how lack of selling push prices up.

No one discussing the CPI yet?

-BGR.