InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,650.00
(
0.05%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.37
(
-0.02%
)
Bitcoin
61,120.20
(
-0.53%
)
Post# of 449
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

56Chevy

Send PM Follow Ignore
Followers 129
Posts 5085
Boards Moderated 1
Alias Born 04/10/2008

56Chevy

Member Level

Re: Enterprising Investor post# 417

Thursday, 07/17/2014 1:35:46 PM

Thursday, July 17, 2014 1:35:46 PM

Post# of 449
....it's the illusion of a dime vs a dollar. Las Vegas learned something about people's willingness to spend money. People in general are willing to put 10 dimes in a slot machine and pull the handle but wouldn't dream of putting a dollar bill in one right beside it. Why? It "cost" too much. Las Vegas' answer? install more dime and penny machines asap.

Maybe this phenomenon comes under the definition of market sentiment??

"I predict future happiness for Americans, if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” - Thomas Jefferson

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up