PROTECTED]
Subject: RE: # buyers = # sellers ?
folks:
isn't the point here that - at the moment a trade is executed - the number
of buyers and the number of sellers are equal. before that, though, there
can be more people seeking to sell than seeking to buy (or vice versa) and
that is why prices change
PROTECTED]] On Behalf
Of Burns, Erik
Sent: 24 September 2001 18:31
To: [EMAIL PROTECTED]
Subject: RE: # buyers = # sellers ?
folks:
isn't the point here that - at the moment a trade is executed - the
number
of buyers and the number of sellers are equal. before that, though,
there
can be more people
-Original Message-
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]]On Behalf Of
William Dickens
Sent: Friday, September 21, 2001 4:19 PM
To: [EMAIL PROTECTED]
Subject: RE: # buyers = # sellers ?
I never said that # buyers always and everywhere # of sellers. I
specifically said if the market
Economists (and I am one) can smirk at commentators saying 'that there are
more buyers than sellers', but from a market practioners point of view, that
is certainly how it feels at times.
Financial markets have traders who maintain large stocks of whatever they
are trading. When a piece of
I never said that # buyers always and everywhere # of sellers. I specifically said if
the market is operating there is a buyer for every seller. It is certainly true that
specialists on the floor of the NYSE often suspend trading in a stock when there is an
imbalance of orders and that bids on