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

To: milesofstyles who wrote (435)	1/24/1999 11:42:00 AM
From: Dave O.	Read Replies (1) \| Respond to of 611

No you didn't blow a hole in my point ... why take the Nikkei at 30000 or whatever nonsensical point you chose? Not ALL the money went into the market at that point. Do you understand that at all? Do you realize that many participants have had their money in for a LONG time and are net positive. Gee maybe you want to take the NASDAQ at its intra-day high last week. We can now say the same thing. But where will that index be in 10 years? And as far as your stats commment, we're not talking a bell shaped curve, we're talking a positively skewed curve given the growth over time. You're totally clueless, I guess you're one of those people who've experienced this "negative" sum outcome in the market. You should start a new thread so everyone can be enlightened that the market is a losing proposition ... perhaps you can win a Nobel prize.

To: milesofstyles who wrote (435)	1/24/1999 12:26:00 PM
From: jebj	Respond to of 611

Let me see if I understant - The only way it could be a zero sum - or very close due to commissions - is if the market stayed the same. As the market goes up - more that the commission amount - it becomes net + and as it goes down it becomes net-. Where I see the poker example falling apart is it assumes no new money is coming into the game which, by the very fact that the market goes up, does not compute with the market. New money is always coming into a rising market and leaving a falling market. IMO, as long as the market goes up, it is a net+. jb