Why is an up market called

In the old days, stock market was traded in an office with a big board where traders posted their orders. The buy orders are written on a note, or bulletin, then posted on the board. When there was a lot of buy orders, the board is full of bulletins, hence 'bullish'. When there were no buy orders, the board is bared, hence 'bear'.


Cheers!! :)
 
Originally posted by dojibear
In the old days, stock market was traded in an office with a big board where traders posted their orders. The buy orders are written on a note, or bulletin, then posted on the board. When there was a lot of buy orders, the board is full of bulletins, hence 'bullish'. When there were no buy orders, the board is bared, hence 'bear'.


Cheers!! :)



You wouldn't be telling us a tall tale like my ol' Grandpa, would you? Because this makes enough sense for me to believe it.

Thanks,

Paul
 
hehehe.. no, it's the truth... I read it somewhere.. I'll find the source and give it to you... unless it WAS my granny who told me this story when I was a baby !!!! :D

Cheers!! :p
 
Back
Top