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<DIV><FONT color=#000000 size=2>I am a big fan of the 21" monitors
especially since they are so reasonably priced. I bought two at
MicroCenter for $699 a piece with resolution 1280x1024, good value and much
bigger than standard 17</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Mon Mar 08 12:08:21 1999
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Date: Mon, 08 Mar 1999 11:59:27 -0800
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From: Norman Phair <ericrogers@xxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Gen: liquidity / economics
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Linda:
A basic lesson in economics is going to tell you very little about
market liquidity. I was in the business since
1959 before retiring 4 years ago. My basic background was in trading.
Worked for 2 mutual funds trading and
managing money. Have written many technical market letters. Worked on
the NYSE floor. Also traded commodities on and off for over 30 years.
Your question
can not be answered in a few words. I would be very glad to talk to you
on the phone if you want to call me. Let me know, I will send you a
separate e-mail with my phone number.
Norman
Linda Swope wrote:
> Hello everyone, I'm still trying to build my house and I'm sweeping
> out the shifting sand. In this case, it's basic economics that I need
> to add to my foundation. I have degrees in psychology and sociology,
> but I never took an economics class in my life and it shows! I read
> the following in "DiNapoli Levels": "Markets are stable and tradable
> if they have reactions to any significant price movement. They are
> unstable and dangerous if there is sustained and violent moves in only
> one direction. This is due to the fact that those professionals who
> have provided liquidity to the markets are on the wrong side!" Are the
> professionals the market makers and specialists (I trade stocks
> only)? Ira, if you're out there... you always say follow the money. I
> don't know what that means or if I can tie that statement to the one
> above. I would love anyone's thoughts on these statements and
> liquidity in general. Any suggestions getting a basic lesson in
> economics? I'm not talking about learning about stock fundamentals.
> I'm talking about the most basic principles that underlie the
> markets. Just trying to get a foundation under my house... thanks for
> the help!Have a good week!LindaSwope's Mountain Photography
> http://www.swopephoto.com
> linda@xxxxxxxxxxxxxx
> Climb the mountains & get their glad tidings: Peace will flow into you
> as sunshine into flower; the winds will blow their freshness into you
> & storms their energy, & cares will drop off you like autumn leaves.
> John Muir 1838 - 1914
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