So, about LindeX, baiscally a smaller L$/$1.00 is better?

It still confuses me that "Today's High" can be L$280/US$1.00 and actually be worth less than "Today's Low" which is L$252/US$1.00.

Wouldn't 252 be considered the "high" because it's worth more?

Forgive me, I'm new to economics. I didn't pay attention in that class in college.

it confused me at first too.

basically in a nut shell, you can get X amount of lindens for a dollar. so more lindens you get for a dollar is a better buy.

example:

1. 250 lindens for 1 dollar
   
2. 255 lindens for 1 dollar
   

255 is the better buy, you get more for your money. so it would be the high for the buyer not seller.
hope that helps

Thanks for the reply. So if I'm selling, vice versa? The lower the better?

When I need to make a quick sale, how do I price my $L so that they sell quickly, by looking at the market data?

yes if you are selling you want the lower.so if the going price is 253 you dont want to sell for 280, you lose money, go for 253 or even 254. if you want to wait go for 250.

Thanks, KatanaBlade. That's what I thought but I wanted to make sure before I started active trading.

not a problem

I went through the same thing so i knew how you felt

the LindeX method of charting the L$ price takes some getting used to -- I wish they'd followed all the current practice of changing the price per thousand, instead of changing the number of linden per dollar (if that makes any sense to anyone else)

It's the system we're used to, and it's easier to take value from it.

CCC