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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: hpeace who wrote (13853)1/17/1998 7:28:00 PM
From: Rick Slemmer  Read Replies (1) | Respond to of 97611
 
get nasdaq online..it will show all the potentioal buyers and sellers at what price.

Potential sellers are not sellers. They are waiting for their price to be met, at which time they BECOME sellers.

I'm already an active SOES trader. I watch a Level II screen along with half-a-dozen other data feeds. Not to be too picky (and this really IS off topic), but:

1. It's impossible to sell a security unless there is someone to buy it. Broker, specialist, market maker... somebody.

2. You can't buy a security unless someone is willing to sell it to you.

Every transaction needs both a buyer and a seller (in the biz we refer to them as the "contra"); the only difference is the price negotiated between them. The price is the flexible element, and that's what we call a market.

then there are the market people who are in between sellers and buyers allot of times.

Correct. And each one of those people has to agree on a price for the security with his/her contra.

Bottom line: Stocks go up because buyers are more aggressive than sellers. Stocks drop because sellers are more aggressive than buyers.

RS