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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Len who wrote (12048)	12/5/1999 12:13:00 PM
From: mauser96	Respond to of 54805

OTOT- (OK it's a weekend so excuse me.) Interesting. I wonder how the word went from "scrym" to "scrum" to "scrim" if that was it's path. I brought this up originally because when the market opens sometimes it feels like a casino, sometimes like some sort of mad auction, sometimes like a battle for financial survival. Crowd behavior in the markets is very much like an auction - some days there is feverish desire for an item, later there may be little interest. Is the auction model for stocks more like a used car auction where an older car tends to go for a price close to it's utility value, or that for a painting whose beauty and value lies in the eye of the beholder (and whose price can fluctuate a lot with the fad of the moment)? In a bull market it's often closer to the latter than the former.