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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (7277)3/11/2000 5:54:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 18137
 
"What is different is access to the market place, both in terms of speed and the number of participants. "

All that changes (my opinion of course) is speed and magnitude. The same arguments could be made in the 20s vs the markets of the 1800s. After all, they didn't have radio, or a good telephone system in the 1800s. It doesn't change the fundamental underpinnings of the market one whit.

Regards,

Barb



To: Dan Duchardt who wrote (7277)3/12/2000 1:13:00 AM
From: ahhaha  Respond to of 18137
 
The markets of the 19th century were very much like what we have today. The nation was capitalist then, but during the 20th century the professors discovered a superior way called socialism and the result has been 80 years of on-going depression of varying degrees. Stock markets don't do well in depressions.

What the people exchanged for wealth was protection. Protection is very important and is almost as important as fairness. "One nation, under fairness, with liberty and justice for all".