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Technology Stocks : American Power Conversion
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To: Phillip Crone who wrote (1918)1/8/1998 7:33:00 AM
From: w0z  Read Replies (1) of 2574
 
I would like to hear exactly what you mean by the running of the cats and dogs.

Gil means extreme speculation. Cats and dogs are the penny stocks, etc. We had a little bout of it in the spring of '96, but it usually indicates the last phase of a bull market. There is way too much pessimism now (IMHO) for this bull market to be near the end of its run yet.
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