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Technology Stocks : Fonix:Voice Recognition Product (FONX)
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To: franco nuvoloni who wrote (1230)10/15/1997 2:04:00 PM
From: ed doell   of 3347
 
Hi everyone,

If it's not obvious from yesterday, today has made it even clearer, the MMs are flushing sell stops.

If you have been watching this stock closely, how the bid has behaving, you can see that they're bottomfishing.

To mind my this is a most bullish event. If you look over many stocks in recent months, prior to their rise, intraday lows have preceded stock run ups on a fairly frequent basis.

This is MM (Market Manipulation). Reading George Chelekis's essays explains this practice rather clearly.

Ed
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