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Technology Stocks : Avtel Communication (AVCO)
AVCO 2.120+5.0%Oct 31 3:59 PM EST

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To: Anthony@Pacific who wrote (64)11/12/1998 8:25:00 PM
From: Mark Davis  Read Replies (1) of 461
 
This is as good a thread as any to post this.

The racetracks are empty 'cause all the cumpulsive gamblers are day trading. At the track , when everyone bets the same horse, it's price drops until it's unbettable.

They must have figured out that that same mindless, herd mentality would work great on Wall Street. Bust the Market Makers. Make them sell short and cover higher. And do it again, and again, and if there's still a warm body, once more.

Madness. Rational thinking has long ago been replaced with the cabal of Greater Fool's. The funny part is , they're winning. See, the Emperor does have clothes.

Add AVCO to the long list of this market's absurdities.
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