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To: gridlock
People were buying even as the price was rising.

Is that like saying, "the market went up because there was more buying than selling."?

45 posted on 08/16/2007 1:18:40 PM PDT by Snardius
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To: Snardius

It’s like saying that people were willing to continue buying even at the higher price. Rising prices and rising volume at the end of the day indicated pent-up demand. Tomorrow should be a good day.


48 posted on 08/16/2007 1:20:13 PM PDT by gridlock (ELIMINATE PERVERSE INCENTIVES)
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To: Snardius
"there was more buying than selling."?

They better watch it; one of these days everyone will be buying and nobody will be selling.

81 posted on 08/16/2007 3:38:07 PM PDT by expat_panama
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