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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (405)8/3/2000 9:18:50 AM
From: X Y Zebra  Read Replies (1) | Respond to of 1426
 
The number of trading instruments, such as stocks or futures, bought and sold in any market is always equal.

No problem with that.

Prices move up or down because of changes in the intensity of greed and fear among buyers and sellers"

Of course. But the only thing that can cause that is MORE buyers BIDDING the price HIGHER and HIGHER, due to their FEAR of NOT owning the instrument.

The GREED from the SELLERS will vary, some will sell at "x" some at "x plus whatever" This STOPS until the buyers cease to bid the price UP. --buying dries up.

May be not ALL the buyers actually "bought", but such intensity as you indicated was only possible because there were more buyers than there were sellers.

The reverse applies when MORE people SELL.

I think we are playing with words.