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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: rayok who wrote (7640)3/11/2006 10:07:29 AM
From: GraceZRead Replies (1) | Respond to of 24758
 
Gee, and I thought you were going to say "supply and demand".

I might be thoroughly motivated to sell the oil in my field but if it takes more money to lift it than I can get in price it'll stay in the ground.



To: rayok who wrote (7640)3/11/2006 1:31:09 PM
From: ahhahaRespond to of 24758
 
Prices rise, when buyers are more motivated than sellers.

Define "motivated".

You may be motivated but that doesn't mean the other side, e.g., where sellers are more "motivated" too so that price doesn't rise, if I interpret your definition of the word in the way you will define it. The name of the game is instantaneous elasticity of marginal supply or demand wrt price. Specifically, there has to be a difference of opinion about what something is worth for price to translate.


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