I sell you some shares for $1 today and they drop in price tomorrow: I still got a dollar, but I don't think you do.
You got the $1 cash (sitting on the sidelines) and I have $1 less cash in my cash pile -- between us we still have the same amount of cash, don't we
If the market falls Monday the value of that $1 share will be less than today ....but between us we still have the same amount of cash....you have $1 more parked out and I have $1 less parked out ....and we both probably poorer come Monday
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
You got the $1 cash (sitting on the sidelines) and I have $1 less cash in my cash pile -- between us we still have the same amount of cash, don't we
If the market falls Monday the value of that $1 share will be less than today ....but between us we still have the same amount of cash....you have $1 more parked out and I have $1 less parked out ....and we both probably poorer come Monday
LOL, yes we are both poorer on Monday! You are right about the total amount of cash, but I think if you look back you will see that that was my point in relation to Peat's comment that with everyone in there would be no one left to sell shares to. I think - anyway lets just agree we are both right and that you still owe me a dollar.
I reckon your being overly hopeful here, it's a virus not a complete financial collapse or WW3.
It's not that it's a virus or WW3. What is relevant is its a black swan and that is all this market needed to push it over the edge. The market was a problem waiting to happen and it just got its cue.
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