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Wikinvesting since
Feb 2008
wikinvest Director
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| making 22 | edits |
| to 14 | articles |
| last edit 275 | days ago |
In God We Trust?
To invest requires faith: faith that the markets are fair for all, faith that company executives do not abscond with corporate assets, faith that share prices, in general, trend higher over time. A breach of any one of these beliefs can cause a rupture in systemic confidence, and, as a result, share prices would tumble. This is one... read more
My new website, http://investmentpoetry.com/, is now ready for prime time. Thank you to Dan Hung, The Curious Investor, for creating a wonderfully useful site for investors.
Please visit, make suggestions for improvement... and subscribe, if the site proves of interest.
-- David M Gordon / The Deipnosophist
Support and Resistance
Think of share price fluctuations as a skirmish between buyers (bulls) and sellers (bears). The price at which bears and bulls reach a consensus and a trade takes place is the clearing price. There is a level at which bulls think the price will move up and which bears are not willing to sell. From that point, below which... read more
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