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clock Created with Sketch. 05/11/15
13:45
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Originally posted by Taurean7
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I thought you made two important observations Orson. One relates to opinions expressed on HC, the other to market shenanigans.if xxx is announced I’m buying because the sp then should rocket to at least yyy ”, or “if it breaks through zzz I’m out because the next support level is 20% lower ” would be gold to a trader, particularly if those opinions convince other readers as well.
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"Every market transaction has a winner and a loser". Not the case Taurean7. I buy XYZ share at $1.00 and sell at $1.10. I'm a winner. You buy my shares at $1.10 and sell at $1.20. You're a winner. The next guy buys you shares at $1.20 and sells at $1.30. He's a winner. Next guy buys at $1.30 and sells at $1.25 because he see's a better investment. Is he a loser? He picks up his other investment for $1.25 and sells at $2.05. He's a winner. Or, are they all losers because theXYZ share eventually went up to $10.00?
