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To: Greater Fool who wrote (92257)1/26/2000 2:28:00 PM
From: Jan Crawley  Respond to of 164684
 
I am far from an expert here and just trying to understand the concept via words:

The equity market is more unique than, let's say, the bond market. Bond yield is subject to inflation..etc..

The stock market(price) is based on liquidity and psychology; it can increase/decrease liquidity based on it's confidence level(psychology.) Close?



To: Greater Fool who wrote (92257)1/26/2000 6:50:00 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
I didn't take money from the market. In the normal sense I did, but I actually took money from the person who bought my stock, and we reported the transaction. The market wasn't holding my money.