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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?! -- Ignore unavailable to you. Want to Upgrade?

To: wiley murray who wrote (47)	1/17/1999 12:49:00 PM
From: jttmab	Read Replies (1) \| Respond to of 611

First, let me say that I am NOT recommending net stocks. I do not and will not trade in these animals. As far as I'm concerned, they aren't much different than running between "hot" crap tables in Las Vegas. Now, I'd like to take a different position than your post. The net stocks have increased in "value". There is more market capitalization there today, then there was 6 months ago. What that means is that there had to be more money made than lost. It is a mathematical certainty. While tomorrow may bring a different direction, as of now, more money was made than lost. That's really one of the beauties of the stock market in general, i.e., increasing market cap. The only way it is a zero sum game is when there in stagnant market cap. Best Regards, Jim

To: wiley murray who wrote (47)	1/17/1999 1:44:00 PM
From: SpongeBrain	Read Replies (1) \| Respond to of 611

Stocks are a zero-sum game?? I didn't think this was the case. How so? I know in options that is the case, where if an option is worth something, someones got to take a loss on it if you excercise it. But if a stock just keep going up, lets say, I would think there doesn't necessarily have to be another loser, except the market maker. But then again, what do I know?

To: wiley murray who wrote (47)	1/24/1999 12:26:00 AM
From: milesofstyles	Read Replies (3) \| Respond to of 611

personally, i think the market is a minus sum game. if i bought a inet stock at its all time high, how much has the rising capitalization done for me after the stock declines. if there is a buyer for every seller than there are alot of people holding the bag on some of these huge capitalizations that were mentioned in another response. the reason it is a minus sum game is because when you enter a trade you pay a commission, when you exit you pay a commission, whether you win or you lose. so you are winning less than you should and losing more when you lose. the only way the capitalization idea presented makes sense is if a stock never declines. how many have sat thru the 50 percent pullback in amzn i wonder? here's a standardized example, many have participated in a bachelor party poker game. it is often typical for the bachelor to get a piece of each hand dealt, usually, one of the antes. for simplicity, suppose five players each show up with ten bucks and the ante is a dollar. the first hand is dealt, the winner makes 3 bucks instead of 4 after one goes to the bachelor. the totals now show one player with 13 and the rest with nine. the bachelor has one. the more times the game is played the more money the bachelor will make, while draining the money available to the actual players. ten hands later, the bachelor is holding 20pct of the total money available, after collecting his "commission" for playing at the table.he's got 10, the players are now down to 40 between them all. now, think about that when a brokerage is charging you to play, but also charging you again to fold. there's a new bachelor in town and he goes by the name e-broker. milesov