TeachMeFinance.com - explain Logical conditions
Logical conditions -- or a logical market. Logical conditions
exist in a stock when the price advances in consequence of the
prosperity of the company which issued it, or such conditions
exist when the price declines in consequence of the lack of
prosperity of the company. Or, it may be that the price advances
or declines on unexpected developments in the affairs
of the company or on prospective conditions affecting the company.
A logical market exists when the market as a whole moves
(advances or declines) in accordance with general natural conditions.
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.