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Sunday, August 8, 2010

One more thing before you start trading.... The Markets!

There are 4 MAIN different types of Markets.

These are were stocks are traded and when bunched up together they creat averages... Ever heard of "The Nasdaq lost 10 points today" etc. on the news?


These include:

The NASDAQ, this is a big computer system that has no real traders in "red" jackets involved... Most of the Technology stocks are traded on this system.

The Dow Jones, this is where most big industries and manufactures are traded.

The NYSE, New York Stock Exchange, this is where big corporations are traded. These are the real guys in the red jackets!

The S&P 500, this is where 500 of the biggest and most stable companies are added together, if this goes down it is not good at all!

Those are the main markets.

Have Fun!

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