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BGonline.org Forums
The opposite of a market loser
Posted By: Timothy Chow In Response To: The opposite of a market loser (Tom Keith)
Date: Tuesday, 9 February 2010, at 9:46 p.m.
Tom Keith wrote:
I don't think the term should have the word "market" in it. "Market" refers to anything that is a "take" next turn. In particular, it refers to the line between "take" and "drop". You're looking at a different line.
Hmmm...this is an interesting perspective. To me, the "market" metaphor is that the person potentially offering the double is a seller, and the person potentially taking the double is a buyer. One imagines that the "normal" state of a market is that sellers offer products (cubes, in this case) and buyers purchase them.
"Market loss" indicates a disruption to this normal state of affairs caused by a loss of demand. Nobody wants to buy.
We're now searching for a term to indicate a disruption caused by a loss of supply. Nobody wants to sell. To me, this is just the other side of the coin, and I don't see the harm in using the term "market" here. I don't see why the word "market" should focus only on the buyer's side of the transaction. In fact the whole point of my opening this discussion was to find a term to remind people that when they think about market losers they should probably be also thinking about market freezers. So some kind of semantic linkage between the two terms is a big plus.
"Market freezer" might not be ideal, but I think it's pretty good. Not long ago the term "credit market freeze" was in the news a lot. It indicated a situation where nobody was willing to offer credit. In a "hiring freeze," no jobs are being offered.
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