In The Westing Game, Flora Baumbach learns two trading terms used in relation to the stock market. The first of these is "bullish." This refers to a situation when investors are in a confident mood. They tend to buy more stock, and so a bull market is one where the overall price of stocks increases. Flora notices this herself when the stock market rises three points in the morning.
The other trading term Flora learns is "bearish." A bear market is one where investors tend to be quite pessimistic. For one reason or another, they start selling their stocks and the price falls accordingly. Flora notices that having risen three points in the morning, the stock market falls five points in the afternoon.
Monday, October 1, 2012
What were the two trading terms that Flora Baumbach had learned, and what do they mean?
Subscribe to:
Post Comments (Atom)
Summarize the major research findings of "Toward an experimental ecology of human development."
Based on findings of prior research, the author, Bronfenbrenner proposes that methods for natural observation research have been applied in ...
-
One way to support this thesis is to explain how these great men changed the world. Indeed, Alexander the Great (356–323 BC) was the quintes...
-
Polysyndeton refers to using several conjunctions in a row to achieve a dramatic effect. That can be seen in this sentence about the child: ...
-
Both boys are very charismatic and use their charisma to persuade others to follow them. The key difference of course is that Ralph uses his...
-
At the most basic level, thunderstorms and blizzards are specific weather phenomena that occur most frequently within particular seasonal cl...
-
Equation of a tangent line to the graph of function f at point (x_0,y_0) is given by y=y_0+f'(x_0)(x-x_0). The first step to finding eq...
-
Population policy is any kind of government policy that is designed to somehow regulate or control the rate of population growth. It include...
-
Gulliver cooperates with the Lilliputians because he is so interested in them. He could, obviously, squash them underfoot, but he seems to b...
No comments:
Post a Comment