SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Robert Rose who wrote (71669)8/4/1999 12:11:00 AM
From: GST  Respond to of 164684
 
Robert <What is the total capitalization of the US stock market (including mutual funds)? That would help to put the $200B in context.> Actually, it wouldn't. Prices are set at the margin. That is the miracle of instant wealth when the marginal dollar flows in -- and the despair of instant ruin when the marginal dollar flows out. The correct metric is the impact on the marginal dollar -- and it is completely dominant right now.