tag:blogger.com,1999:blog-18106342.post115234296256264089..comments2007-04-13T01:50:03.524-05:00StockTradingGuyhttp://www.blogger.com/profile/17049643537341722260noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-18106342.post-1152373387420528982006-07-08T10:43:00.000-05:002006-07-08T10:43:00.000-05:00Michael Covel on the zero sum game:<BR/>http://www.tradingmarkets.com/.site/swingtrading/commentary/trendfollower/09092005-45636.cfm<BR/><BR/>Best,<BR/>StockTradingGuyStockTradingGuyhttp://www.blogger.com/profile/17049643537341722260noreply@blogger.comtag:blogger.com,1999:blog-18106342.post-1152354001227489132006-07-08T05:20:00.000-05:002006-07-08T05:20:00.000-05:00You say that "...there is no denying the market is a zero-sum game. Your winning means another person has lost." I have seen this statement hundreds of times and it is obviously now accepted as a fact. However, it is not. If you made $1,000 yesterday on a stock you bought from me and sold to Tom, how do you know that I did not also make money on that stock and that Tom will also. Where is the loser among us? Who has sold his house?<BR/><BR/>While your neighbors were making all that money during the mutli-year bubble of the 90's, why is it that foreclosures were at an all-tine low? Where were all the losers hiding out during that time.<BR/><BR/>Sometimes we have to examine old-wives tales to see that they really are old-wives tales.stannoreply@blogger.com