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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: ecrire who wrote (76340)9/17/2012 2:58:50 PM
From: Thrifty955  Respond to of 207365
 
I KNOW!!!!! I KNOW!!!!!!!! rising prices causes buying --(right teacher ?)



To: ecrire who wrote (76340)9/17/2012 3:18:47 PM
From: da_cheif™  Respond to of 207365
 
the boyz cause rising prices.......then when they want to invite everybody in they take it up fast and big.........the volume explodes because da boyz are selling short........to accomodate all that buying......thats why you saw the dow up 7000 pts and j6p stayed out cuz they werent invited in yet........snort

w3.tribcsp.com



To: ecrire who wrote (76340)9/17/2012 3:21:18 PM
From: da_cheif™  Respond to of 207365
 
yes indeed .......selling causes rising prices.......as the selling in the 08 crash attests......7000 pts up from there eh...........snort



To: ecrire who wrote (76340)9/17/2012 5:37:29 PM
From: Kirk ©6 Recommendations  Read Replies (1) | Respond to of 207365
 
So what causes rising prices? Selling?
da and I have back yards full of bricks... lets say 100,000 that we paid 50¢ each for.
I sell one to Da for $1
a day later he sells it to me for $2
a day later I sell it to him for $4
next week I buy it from him for $10.
We report it to the SEC....
GAAP accounting says the bricks in our yard are now worth $1M
We tell our friends how much our bricks went up... 20x
They want to buy before they double again so we sell out our inventory slowly so the price continues to rise until we are out of bricks.
The trick is to find new names as you can only sell a brick into a bubble once...