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To: Mahatmabenfoo who wrote (860)8/26/1998 10:37:00 AM
From: mauser96  Respond to of 1999
 
Very funny post.It's hard for neophyte investors to understand that the market's connection to the real world is tenuous at best. It's an auction market, and anybody who has spent much time at auctions will soon note that prices fluctuate according to fads of the moment. If that wasn't the case, computer jocks would have long ago figured out a program that always worked. Reality is unimportant, but perceptions of reality are all important. Humans being what they are, perceptions disagree and the market exists to form a consensus perception which results in the prix de la seconde.
regards



To: Mahatmabenfoo who wrote (860)8/26/1998 11:51:00 AM
From: Paul Shread  Respond to of 1999
 
That was a great post, Charles. Made my day.