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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (55109)	4/7/1999 10:47:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 132070

bgr, i thought you knew? ;-) if market caps continue to increase then it isn't a zero sum game. a little bit of forethought on your part and you would have realized this - but that is asking too much. consider the entire market as a basket of stocks. this basket is at level A. I buy for a short term trade at A. I sell at A+1 some short time later and walk away. another short term trader buys at A+1 and sells at A+2 short while later. ad infinitum. all you need is a coninually increasing market cap for this basket. is that clear enough for you to understand why it isn't a zero sum game of necessity?