Comments on: Financial Reporters Say The Darndest Things http://wheredoesallmymoneygo.com/financial-reporters-say-the-darndest-things/ A personal finance blog written by Preet Banerjee Thu, 09 Sep 2010 05:57:13 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Mike http://wheredoesallmymoneygo.com/financial-reporters-say-the-darndest-things/#comment-1070 Mike Mon, 15 Sep 2008 22:56:51 +0000 http://www.wheredoesallmymoneygo.com/?p=831#comment-1070 The market became mad or not ? The market became mad or not ?

]]> By: reader http://wheredoesallmymoneygo.com/financial-reporters-say-the-darndest-things/#comment-1069 reader Mon, 15 Sep 2008 15:59:55 +0000 http://www.wheredoesallmymoneygo.com/?p=831#comment-1069 Its interesting that you note that someone has to buy for you to sell. There is always someone buying -- and this someone is the market maker in that security, who has an obligation to quote a buy and sell price. I was wondering about this when one of the equity instrument I owned went bankrupt, and I was still able to sell it on its steep decline before trading stopped end of the day. Its interesting that you note that someone has to buy for you to sell. There is always someone buying — and this someone is the market maker in that security, who has an obligation to quote a buy and sell price.

I was wondering about this when one of the equity instrument I owned went bankrupt, and I was still able to sell it on its steep decline before trading stopped end of the day.

]]> By: Preet http://wheredoesallmymoneygo.com/financial-reporters-say-the-darndest-things/#comment-1068 Preet Mon, 15 Sep 2008 03:57:09 +0000 http://www.wheredoesallmymoneygo.com/?p=831#comment-1068 @Jordan - thanks for the reminder. It's a good thing I lumped myself in as being imprecise from time to time. I actually wrote about <a href="http://www.wheredoesallmymoneygo.com/dow-jones-rejects-google/" rel="nofollow">the Dow's price-weighted nature here</a> if you want to take a look. @Jordan – thanks for the reminder. It’s a good thing I lumped myself in as being imprecise from time to time. I actually wrote about the Dow’s price-weighted nature here if you want to take a look.

]]> By: Jordan http://wheredoesallmymoneygo.com/financial-reporters-say-the-darndest-things/#comment-1067 Jordan Mon, 15 Sep 2008 03:51:51 +0000 http://www.wheredoesallmymoneygo.com/?p=831#comment-1067 One note: You say "market-cap weighted indexes (like the Dow Jones", but the DJIA is actually a price weighted index: http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average One note: You say “market-cap weighted indexes (like the Dow Jones”, but the DJIA is actually a price weighted index:

http://en.wikipedia.org/wiki/Dow_Jones_Industrial_Average

]]> By: Patrick http://wheredoesallmymoneygo.com/financial-reporters-say-the-darndest-things/#comment-1066 Patrick Mon, 15 Sep 2008 01:19:07 +0000 http://www.wheredoesallmymoneygo.com/?p=831#comment-1066 Yeah, that "selling" think used to confuse me before I really understood the stock market. I thought maybe people really could be selling stocks without buyers somehow. Now I just think of it as a kind of financial reporting shorthand. Yeah, that “selling” think used to confuse me before I really understood the stock market. I thought maybe people really could be selling stocks without buyers somehow. Now I just think of it as a kind of financial reporting shorthand.

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