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Strategies & Market Trends : ZenWarrior's Trading Paradise -- Ignore unavailable to you. Want to Upgrade?

To: manfmnantucket who wrote (336)	4/3/2001 7:42:31 PM
From: p40warhawk	Read Replies (2) \| Respond to of 2462

MFN, The "worth" of anything is subjective. Worth is what a buyer and seller agree on. A stock is "worth" its price if someone buys it. True with anything else as long as the exchange is voluntary and not forced at gunpoint or something similar. Sometimes "necessity" forces us to buy or sell when we would not otherwise do so. But in this case we choose the transaction over the alternative consequences associated with no transaction. Still our choice. Of course the buyer and seller have a fundamental disagreement on value. If I sell you a widgit for a dollar, I think the dollar is more desirable to have than the widgit. You think the widgit is better to own than the dollar. Without this difference there could be no enterprise. Market forces, if left untampered with, serve to keep these "differences" as close as possible. I know this gets a bit esoteric, but if our premise is not correct, our conclusions are not likely to be correct either. Right now, Zen has me wondering a bit about my premise on investing. Darn that guy. p40warhawk