1. Market-- According to prof.Chapman market is not a place but a commodity or commodities and buyers and sellers of such commodities who are in direct competition with one another.
2. Bull-- A bull is a speculator who buys the goods or securities at low price with the intention of making heavy profit by selling them at high price. He always expects that price will rise in future. The difference between the new price and the old price creates his profit. In American market, a bull is known as “long”.
