Funny but after trading for more than 15 years I still am capable of forgetting a cardinal rule: The paper you own in the end will be intertwined with the fate of the 30-year bond.
Stock prices have been quoted in fractions for two centuries based on a system descended from Spanish pieces of eight. Each dollar was cut into eight bits worth 12.5 cents each. (Quarter=two bits)
WALL STREET n. A symbol for sin for every devil to rebuke. That Wall Street is a den of thieves is a belief that serves every unsuccessful thief in place of a hope in Heaven.
Funny but after trading for more than 15 years I still am capable of forgetting a cardinal rule: The paper you own in the end will be intertwined with the fate of the 30-year bond.
Stock prices have been quoted in fractions for two centuries based on a system descended from Spanish pieces of eight. Each dollar was cut into eight bits worth 12.5 cents each. (Quarter=two bits)
Dont gamble; take all your savings and buy some good stock and hold it till it goes up then sell it. If it dont go up dont buy it.
Every few seconds it changes – up an eighth down an eighth – its like playing a slot machine. I lose $20 million I gain $20 million.
WALL STREET n. A symbol for sin for every devil to rebuke. That Wall Street is a den of thieves is a belief that serves every unsuccessful thief in place of a hope in Heaven.
Tis sweet to know that stocks will stand When we with Daisies lie That Commerce will continue And Trades as briskly fly.