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king oil

08/29/08 10:36 AM

#4407 RE: raindreamer #4406

odds are that any buys end up as a loss. But go for it and let us know how it works out for you.


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Rockdoc

09/01/08 1:55 AM

#4434 RE: raindreamer #4406

If your theory is that for every sale, there is an equal and opposite buy from another investor, then the price would never change. The reason there are market makers is to take the other side of the trade when no one else is buying or selling. They then try to make a profit by moving the price to their benefit. If more sellers, they start moving it down until buyers can be found. In the past 2 years, way more selling then buying, thus the price deterioration.