Wednesday 30 May 2012

STOCK MARKET!!

Once upon a time in a village, a man appearedand announced to the villagers that he would buy monkeys for $10. The villagers seeing thatthere were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10 and as supply started to diminish, the villagers stopped theireffort. He further announced that he would now buy at $20. This renewed the efforts o...f the villagers and they started catching monkeys again. Soon the supply diminished even further and people started going back totheir farms. The offer rate increased to $25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at $100! However, since he had to go to the city on some business, his assistant would now buy on behalf of him. In the absence of the man, the assistant told the villagers. Look at all these monkeys in the big cage that the man has collected. I will sell them to you at $75 and when the man returns from the city, you can sell it to him for $100 ." The villagers squeezedup with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!!!Welcome to the "Stock" Market!!!!!

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