Money Sage (archive)

This morning, as all of us connected folk know, there is lots and lots of market "turmoil." Prices are plunging, talking heads are yakking, the tape is MOVING. We would like to offer a multiple choice test this morning.

Question #1. Who is Selling?

(a)The smart money
(b)The dumb money
(c)Dunno

Question #2: Who is Buying?

(a)The dumb money
(b)The smart money
(c)The specialists, who have to buy to maintain an orderly market
(d)Dunno

Folks, the quiz is over. This is a self-scoring test.