To: Condor who wrote (96995 ) 1/15/2004 11:31:48 AM From: E. Charters Read Replies (1) | Respond to of 116762 Momo started somewhere around the Reyjakvik stock market in 800 AD. The discovery of Amnerica by the Vikings was underwritten on the Icelandic stock market as time sharing condominiums there. This is a true, not fictional story. Thorvald sold shares to finance his voyage of discovery. Eric the Red came later. People bought shares for spending time on cottages built on Sable Island and Newfoundland, and perhaps inland as far as Minnesota and Beardmore Ontario. Only our "historians" treat it as myth. The Danes treat it as history BTW. If in Copenhagen sometime ask a native to direct you to the house in that city that is owned by the descendants of the first European borne in the new world, Sunni. They will tell you the street and house number, outside of which there is a small bronze plaque. Finally the Danes sent some archaeologists to Canada armed with maps in the late 1980's. They asked local fisherman if they had ever seen mounds of a certain type and description. The fisherman, said "oh, you mean the Viking burial mounds,.. they be over there ".. and the first Viking metal work of North America was unearthed dated 800 AD. Locals knew, and Danes knew, but our mythology had a lot of catching up to do. I have refused to re-read or believe any history of North America published in this country since the date of those discoveries. If you read about the NY market since 1850, you will find that high liquidity is the corenerstone of any market. Short term holders are what supports the market's rise. Fast buys and sells on the TSE were legendary as it traded more shares per day than the NYSE for many years. EC<:-}