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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (3834)11/26/1998 11:12:00 AM
From: bobby beara  Read Replies (2) | Respond to of 5676
 
>>>In a nutshell you buy this piece of paper with the hope that in the future you will find a fool who will buy it from you at higher prices.<<<<

Exactly

>>>Now stock market is a fiction place were in theory you buy a piece of business but actually you buy a piece of paper at a price which is discounted based on some future anticipated value.<<<

Bull - stocks are a commodity and prices are based on supply and demand - everything else is noise.

When the demand is great and the supply is low prices go up and vice versa.

Moral of the story - be on the right side of the supply/demand dynamic and forget the bear religion stuff -g-

bb