How The Stock Market

  crosstrainer 04:47 21 Oct 2008
Locked

.............Really works:


The villagers seeing that there were many monkeys around, went out to
the forest, and started catching them. The man bought thousands at $10
and as supply started to diminish, the villagers stopped their effort.
He further announced that he would now buy at $20. This renewed the
efforts of the villagers and they started catching monkeys again.

Soon the supply diminished even further and people started going back to
their farms. The offer increased to $25 each and the supply of monkeys
became so little that it was an effort to even see a monkey, let alone
catch it!

The man now announced that he would buy monkeys at $50! However, since
he had to go to the city on some business, his assistant would now buy
on his behalf.

In the man's absence, the assistant told the villagers, 'Look at all
these monkeys in the big cage that the man has collected. I will sell
them to you at $35 and when the man returns from the city; you can sell
them to him for $50 each.'

The villagers rounded up with all their savings and bought all the
monkeys.
Then they never saw the man or his assistant, only monkeys everywhere!

Now you have a better understanding of how the stock market works!

  rawprawn 09:36 21 Oct 2008
  crosstrainer 15:35 21 Oct 2008

....Oop's! Sorry, missed that thread :) Got this in an email from a friend today!

This thread is now locked and can not be replied to.

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