b c d e f g h i j k l m n o p q r s t u v w y z search |
TeachMeFinance.com - explain Technical conditions historic definition...
Technical conditions -- or a technical market. Technical conditions
exist in a stock when the price is raised by manipulation
by force of buying orders given and executed for the
purpose ; or such conditions exist when the price is lowered
by manipulation by force of selling orders given and executed
for the purpose. Also, technical conditions exist in a stock
when the price rises in consequence of enforced covering of
short contracts (enforced buying by speculators who had sold stock which they did not possess) or such conditions exist
when the price falls in consequence of enforced selling of long
stock (stock which had been purchased with the intention of
selling at an advanced figure.)
A technical market exists when prices as a whole are raised
or lowered, as the case may be, by manipulation ; also a technical
market exists when an oversold condition compels covering
of short contracts with a consequent rise in prices or when
an overbought condition compels liquidation or sale of long stocks with a consequent fall in prices.
About the author
Copyright © 2007 by Mark McCracken, All Rights Reserved. 
TeachMeFinance.com is an informational website, and should not be used as a
substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any
investment or financial decision.
Please read our disclaimer.
|
